T-Mobile to Buy SunCom Wireless For $1.6 Billion and Debt
In today's WSJ.
" FRANKFURT -- Deutsche Telekom AG said its T-Mobile unit in the U.S. is to acquire all outstanding shares of U.S. mobile-phone company SunCom Wireless Holdings Inc. for $2.4 billion including debt.
Deutsche Telekom said it will buy the outstanding shares for $1.6 billion and take over net debt of $800 million. Deutsche Telekom, which is based in Bonn, Germany, said it expects the deal to create synergies of around $1 billion, mainly through the reduction of roaming fees and operating costs."
More available for subscribers on the WSJ site.
http://tinyurl.com/25juhl »
" FRANKFURT -- Deutsche Telekom AG said its T-Mobile unit in the U.S. is to acquire all outstanding shares of U.S. mobile-phone company SunCom Wireless Holdings Inc. for $2.4 billion including debt.
Deutsche Telekom said it will buy the outstanding shares for $1.6 billion and take over net debt of $800 million. Deutsche Telekom, which is based in Bonn, Germany, said it expects the deal to create synergies of around $1 billion, mainly through the reduction of roaming fees and operating costs."
More available for subscribers on the WSJ site.
http://tinyurl.com/25juhl »
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Its been posted in the news section and in sumcoms forum. I can't keep up with all the places its being posted lol!
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Sorry, didn't catch it there.
Here's the press release for anyone who is interested.
http://www.telekom3.de/dtag/cms/content/dt/en/452876 »
Here's the press release for anyone who is interested.
http://www.telekom3.de/dtag/cms/content/dt/en/452876 »
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After all they years I've been visiting this site, today is the first day I noticed there was a news page that was distinct from the front page. Thanks for that!
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