T-Mobile US reported Q1 numbers it said reflect “strong momentum and industry leading growth”, with John Legere, president and CEO, arguing that “we’ve had eight consecutive quarters with more than one million total net customer additions, again proving that customers …
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The quarterly earnings season has provided a timely boost to the T-Mobile US acquisition saga. Apparently scared off by US regulators, Sprint ended its long courtship of DT’s US operation earlier this week, just after France’s Iliad had put in a surprise bid of its own.
Not content with making life miserable for the three incumbent operators in France, French telco Iliad has put in a surprise bid for T-Mobile US. It had been assumed acquisition of T-Mobile US by rival operator Sprint was a foregone conclusion, so Iliad’s 11th hour intervention will potentially ruffle a lot of feathers.
US watchdog the Federal Trade Commission slammed T-Mobile USA on Tuesday, alleging that the carrier made “hundreds of millions of dollars” from bogus premium SMS charges never authorised by subscribers.
The evolution of voice continues apace as US carriers Verizon Wireless and T-Mobile USA reveal plans to launch Voice over LTE, with AT&T expected to follow suit on Friday.
German incumbent Deutsche Telekom is demanding a $1bn break-up fee be made part of any attempted takeover of its US operation T-Mobile by Sprint in order to approve the deal, according to a report in the Wall Street Journal. The payment, from Sprint to Deutsche Telekom, would be required should an agreed deal be derailed; perhaps blocked by regulatory or competition authorities.
US operator T-Mobile has claimed to have taken “virtually all of the industry phone growth” in 1Q14 winning market share from its competitors in the process, reporting total net subscriber additions of 2.4 million. However, the operator recorded a $154m loss in the quarter, compared to a $106m profit in the first quarter of 2013.
A report on the performance of UK mobile operators that named Vodafone as having the poorest overall network performance of the country’s four operators has drawn strong criticism from the firm. Network performance monitoring specialist RootMetrics published its UK mobile network performance review Thursday, ranking Vodafone in last place for network reliability, mobile internet performance and call and text performance.