& cplSiteName &

Euronews: DT Preps T-Mobile Plan B

Ray Le Maistre
12/20/2011

Deutsche Telekom AG (NYSE: DT), T-Mobile US Inc. and AT&T Inc. (NYSE: T) grab the main headlines today, while BT Group plc (NYSE: BT; London: BTA) and Gemalto provide some alternative action.

  • With its deal to sell T-Mobile US Inc. to AT&T Inc. (NYSE: T) in tatters, Deutsche Telekom is playing it cool as it deals with the strategic fallout, reports Reuters. Today's discussion in the DT boardroom is likely to focus on what to do with the breakup proceeds, which comprise US$3 billion in cash and "a large package of mobile communications spectrum and a long-term agreement on UMTS roaming within the U.S. for T-Mobile USA." DT's share price was down 1.3 percent to €8.78 in late-morning trading on the Frankfurt exchange. (See AT&T Drops Bid to Acquire T-Mobile.)

  • While the agreed-upon value of the AT&T/T-Mobile USA breakup deal is $4 billion, DT's CEO Rene Obermann told reporters that the actual value of the package, which includes Advanced Wireless Spectrum (AWS) capacity in 128 markets and a 3G roaming deal that will last at least seven years, is $6 billion, reports Bloomberg.

  • BT has won two five-year services and IT equipment deals with the European Parliament worth up to €120 million ($157 million). The services BT will provide to sites in Brussels, Luxembourg and Strasbourg include VoIP, unified communications, conferencing, Internet access and security.

  • Dutch digital security and authentication specialist Gemalto has acquired Plano, Texas-based SensorLogic, which has developed a cloud-based, machine-to-machine (M2M) service delivery platform.

    — Ray Le Maistre, International Managing Editor, Light Reading

    (0)  | 
    Comment  | 
    Print  | 
  • Related Stories
    Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Featured Video
    Upcoming Live Events
    March 16-18, 2020, Embassy Suites, Denver, Colorado
    April 20, 2020, Las Vegas Convention Center
    May 18-20, 2020, Irving Convention Center, Dallas, TX
    May 18, 2020, Hackberry Creek Country Club, Irving, Texas
    September 15-16, 2020, The Westin Westminster, Denver
    All Upcoming Live Events
    Upcoming Webinars
    Webinar Archive
    Partner Perspectives - content from our sponsors
    Challenges & Key Issues of Constructing 'MEC-Ready' 5G Bearer Networks for Carriers
    By Dr. Song Jun, Senior Solution Architect, Huawei Datacom Product Line
    Good Measures for 5G Service Assurance
    By Tomer Ilan, Senior Director of Product Management, RADCOM
    Automation Scores Against Operational Costs – The Business Benefits of Automation and Orchestration
    By John Malzahn, Senior Manager, Service Provider Product Marketing, Cisco Systems
    All Partner Perspectives