Linked by Thom Holwerda on Sun 20th Mar 2011 20:20 UTC
PDAs, Cellphones, Wireless A major deal just went down in the United States, which seriously shakes up the mobile industry on the other side of the pond: AT&T has announced it plans to buy T-Mobile USA from Deutsche Telekom.
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RE: Why would T-Mobile sell?
by broken_symlink on Mon 21st Mar 2011 14:47 UTC in reply to "Why would T-Mobile sell?"
broken_symlink
Member since:
2005-07-06

Deutsche Telekom is supposedly in debt. According to this article http://blogs.wsj.com/source/2011/03/21/deutsche-telekom-is-the-darl... They will be using $13 billion to pay off some of their debt.

Reply Parent Score: 4

spiderman Member since:
2008-10-23

I see. It looks like some share holders want quick money. They will kill Deutsche Telekom, get all the cash they can get from it and go elsewhere with it. Thanks to their lower debt and share buyback the shares will artificially jump so they can sell at a high price. In the next few years, DT get cut to shred in Europe.

Reply Parent Score: 2