By Allen Tsai | Mon Feb 08, 2010 5:20 am |
Deutsche Telekom, the owner of T-Mobile, is exploring an initial public offering or spinoff of the business, as it looks for ways to jump-start the embattled carrier.
The German telecom giant has held initial talks with a number of banks, including Deutsche Bank, but no formal process was under way. People familiar with the matter also say that in addition to an IPO or spinoff, a merger with a U.S. competitor -- though less likely due to regulatory and technological difficulties -- is also on the table.Despite high-profile devices such as the first Google-based smartphone, T-Mobile has struggled with a high rate of subscriber cancellations and failed to keep pace with larger rivals in building high-speed services. As a result, T-Mobile, the fourth-largest U.S. wireless company, has a mere 14 percent market share, leaving it far behind AT&T, Verizon and Sprint. T-Mobile has suffered from perceptions that its data network is inferior, a major problem as subscribers increasingly turn to high-end smartphones for more broadband-intensive applications.
|
|
Tue Jan 31, 2012 11:52 am | By
T-Mobile is placing a limit on consumers' use of domestic data, as the carrier looks to cut costs to stay competitive.
|
|
|
|
Tue Jan 24, 2012 11:21 am | By
AT&T will transfer $1 billion in spectrum to T-Mobile, bolstering its would-be partner after the failed merger attempt.
|
|
|
|
Fri Jan 20, 2012 11:05 am | By
T-Mobile is offering a special promotion on data, as the carrier attempts to keep up with its rivals.
|
|
|
|
Wed Jan 18, 2012 11:50 am | By
T-Mobile and Wal-Mart are offering a plan that includes unlimited data, underscoring T-Mobile's return to value plans for budget-conscious subscribers as it strives to stay competitive.
|
|
|
|
Thu Jan 12, 2012 12:20 pm | By
Apple's upcoming iPhone 5 will support T-Mobile's network, giving the struggling fourth-place carrier an opportunity to gain ground on its competitors.
|
|
|
|