All USA articles – Page 16
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PeopleHow a choice of shoelaces helped change Deutsche Telekom’s fortunes
Former Deutsche Telekom chief René Obermann recalls how John Legere’s unusual footwear played its part in his appointment as T-Mobile US CEO. Convinced he had the right man, Obermann avoided exposing Legere too early to conservative types at head office in case it scared him off.
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Venturing & InvestmentsMeteoric rise for Telefónica spinoff Koa
Post-investment, startup lays out growth strategy with US market now of particular focus.
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PremiumT-Sys looks to take campus offering to next level
Ericsson relationship expanded to cover markets beyond Germany. Move appears to align with bubbling private network initiatives at Europe and US NatCos.
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PremiumSievert envisages Sprint shutdown ramp-up in 2022
TMUS CEO says “isolated” closures of Sprint network already underway. Underlines post-merger integration progress in marketing and distribution. NatCo’s 3G shutdown reportedly pushed back until April 2022.
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Strategy & ChangeElsewhere in T-Mobile US: 5G FWA incoming
TMUS takes R&D looks into agricultural use-cases and immersive tech.
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M&ACaching out: Vodafone’s long-range storage play exited
Group’s corporate venturing portfolio continues to dwindle as Caringo, an investment made back in late-2000s, gets absorbed by storage peer.
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PremiumElsewhere in T-Mobile US: politics, security, and 5G
T-Mobile US plugs 5G into racing drones.
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Strategy & ChangeDeutsche Telekom denies reports of China mobile scheme (again)
Story of side-deal refuses to go away, but Group maintains previous line that it has no interest in a Chinese-German mobile access trade. Speculation re-emerges as China and EU near wider accord on investment.
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PremiumVodafone seeks end to Elliott battle over KDG
Group attempts to put more than seven years of hurt behind it at a cost of up to €2.12bn.
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PremiumC-Band auction rakes in record-breaking sum
Analyst estimates TMUS shelled out $11bn for highly prized 5G frequencies. NatCo raises $3bn from debt markets, suggesting financial strain of auction greater than expected. Winning bidders not named until completion of “assignment phase”.
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PremiumBT plays down risk of FireEye security breach
Group assesses threat to CTI customers as “low to moderate”. No indication, assures BT, that any customer data was compromised.
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Network & InfrastructureT-Mobile US goes Nordic (again) for 5G expansion
Longstanding partners Ericsson and Nokia sign “multi-billion-dollar agreements”. Operator makes concerted 5G push at 2.5GHz to complement 600MHz rollout. Nordic duo also tasked with providing “advanced technical capabilities”, including voice over NR, NR carrier aggregation, network slicing, and multi-user massive MIMO.
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Network & InfrastructureT-Mobile US looks to top up kitty amid C-Band feeding frenzy
Operator issues three tranches of Senior Notes. Says C-Band auction “may” have something to do with it, as bidding reaches an eye-watering $80.7bn.
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Products & ServicesDT’s tooz JV surfaces with smart-glasses dev kit
Tools available in China first, Europe and other markets later this year. Product development progress for smart-glasses startup after three years.
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PeopleLegere considers running for office after Capitol Hill “craziness”
Outspoken ex-CEO of T-Mobile US says he “can’t stand by”. Tweets that somebody needs to “help real Americans find change”.
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M&AViasat buys out T-Mobile partner RigNet
Maritime connectivity provider RigNet acquired by satellite specialist Viasat in $222m deal. T-Mobile US partnered with RigNet in July 2019, but COVID-related issues have pegged back progress.
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M&AT-Mobile ties up another Sprint loose end with Swiftel buy
US NatCo buys Sprint-branded wireless assets operated by Swiftel Communications, leaving Shentel as the last remaining Sprint affiliate.
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Partnerships & AlliancesT-Mobile MONEY partner banks contract extension
White label banking provider BankMobile flags the success of its T-Mobile partnership as a contract extension is signed and Sprint customers added. Vendor aims to add another “large” partner due in 2021.
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PremiumHeadline data: bulked-up DT busting out of old suit
Double-figure and triple-figure milestones nearing for expanded Group on sales and earnings. TMUS the star, again, but DT’s network of European telcos holding firm during highly problematic FY. Top management unclear on picture at T-Sys as orders slump.
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PremiumGuidance: beefed-up DT puts on a show
Up-sized Group uprates earnings again. America providing the main grunt, but Europe also chipping in. Stakeholders still queasy around cash generation, despite Group’s rude health at EBITDA level.