Report: T-Mobile USA targeted for private equity buyout
0. phoneArena 11 Aug 2012, 19:17 posted on
A report from Bloomberg says that former telecommunications executive Sol Trujillo has spoken with a number of private equity buyout firms like KKR, Blackstone Group about putting together a bid to purchase all or part of T-Mobile USA...
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2. phonearenasucks (banned) (Posts: 1; Member since: 11 Aug 2012)
Whenever I hear trujillo, I remember "In the time of butterflies" both the movie and the book. Nice movie sad ending. RIP Minerva, Maria, Patria !
4. snowgator (Posts: 3517; Member since: 19 Jan 2011)
Wait a minute.... Aren't private equity firms supposed to be evil, money suction hatchet companies?
Huh... Maybe we have been harsh....
5. richardyarrell2011 (banned) (Posts: 510; Member since: 16 Mar 2011)
This ain't getting no place...
6. som (Posts: 768; Member since: 10 Nov 2009)
T-Mobile is trying to chase away it customers with Galaxy S3 $200 down and $20/month for 20 month on the phone. It is very outrageous offered by T-Mobile.
7. remixfa (Posts: 14255; Member since: 19 Dec 2008)
horribly outrageous!! especially when you pair it with that super expensive $60 unlimited Talk text and web plan!!!
how dare they!
you do realize thats the best deal going on all the major carriers right?? lol
9. johnbftl (Posts: 273; Member since: 09 Jun 2012)
This would be WAY worse than the AT&T purchase option. If a private equity company bought T-Mobile, they would more than likely sell off the spectrum to the highest bidders, so Verizon and AT&T, and dump off the customer base regionally to companies like C-Spire and U.S. Cellular leaving T-Mobile customers with less network coverage, slower data and lower customer satisfaction. This will be worse than the Alltel debacle. Anyone that was switched from Alltel to Verizon or AT&T or worked for one of those companies during the acquisitions knows what I'm taking about. It was hell for everyone. At least let Sprint take them over if they are intent on selling. At least they could handle the merger, I hope. Maybe they learned their lesson with Nextel.
10. lsutigers (Posts: 817; Member since: 08 Mar 2009)
I don't think Sprint will consider T-Mobile anytime soon, they have bigger fish to fry, so to speak. They are in the middle of a multi-year, multi-billion dollar network re-build. Once Network Vision is complete, then maybe, Sprint can worry about acquiring T-Mobile, but even then, all they would want is the spectrum and customers which would lead to a lot of layoffs in the consolidation process and Sprint is not in desperate need of spectrum right now. Sprint's latest report shows healthy gains, they lost money mainly because of the iDEN decommissioning but they are adding customers and selling iPhones which is more than T-Mobile can say at this time. I really hope T-Mobile stays afloat and DT invests the money to upgrade to LTE as planned. They just need to give customers what they want and that is fast data and better coverage, exactly what Sprint is doing and it seems to be working for them.
11. Jeradiah3 (Posts: 1025; Member since: 11 Feb 2010)
ALL OF THIS wouldve been avoided if AT&T bought out Tmobile in the first place!!! Theyre right, the spectrum is worth more than the customer base SOOOOOO why not send them to the only company that is similar when it comes to technology???
The US Justice Dept got pressured by Sprint and other "smaller" companies to step in and avoid this merger...................NOW they look stupid by liatening to them in the first place. Dan Hesse should be more concerned about trying to make a profit with the iPhone instead whinning about sometihng that has nothing to do with him
13. zekes (Posts: 229; Member since: 14 Aug 2012)
no dont do it tmobile u have the best plans out the big 4