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Posts for Ticker ‘DT’

Time For T-Mobil To Be Sold To Sprint (S)

T-Mobile, the Deutsche Telekom-owned cellular carrier in America, is a failure and an abject one at that. The firm lost 77,000 subscribers in the third quarter. Most analysts blame the attrition on a poor line-up of handset products and tremendous competition from Verizon Wireless (NYSE:VZ)(NYSE:VOD) and AT&T (NYSE:T). Each of the two larger companies added over one million customers in the quarter ending September 30.

T-Mobile has 33.4 million customers in the US and its chances of doing well as the No.4 firm in its sector are fading to nothing. Read More »

Posted on: November 6, 2009 – 4:55 am in Wireless, DT, S, T, VA, VOD, VZ

Asia Markets And Europe Open (9/5/2009)

Markets in Asia were mixed.

The Nikkei fell 1.3% to 9,747. Sony (NYSE:SNE) fell.

The Hang Seng was down .6% to 21,479.

The Shanghai Composite rose .7% to 3,156.

At the open in Europe, the FTSE was down .9% to 5,059. The Dax dropped 1.2% to 5,381. Deutsche Telekom (NYSE:DT) rose. The CAC 40 was off 1.1% to 3,631. BNP Paribas (NYSE:BNP) was up.

Data from Reuters and MarketWatch.

Douglas A. McIntyre

Posted on: November 5, 2009 – 3:27 am in International Markets, BNP, DT, SNE

T-Mobile Offers Everything Free To Battle AT&T, Sprint, And Verizon

The T-Mobile US division of German telecom giant Deutsche Telekom (NYSE:DT) has run a distant fourth in cellular subscribers in America well behind AT&T (NYSE:T), Sprint (NYSE:S), and Verizon Wireless (NYSE:VZ)(NYSE:VOD).

T-Mobile means to close some of that gap between itself and its rivals, but it may start a price war in the process. Read More »

Posted on: October 26, 2009 – 6:28 am in Wireless, DT, S, T, VOD, VZ

T-Mobile And Microsoft (NASDAQ:MSFT) Offer $100 Gift Card For Lost Data

Microsoft (NASDAQ:MSFT) and T-Mobile (NYSE:DT), who have managed to lose the personal data of thousands and thousands of customers who have the carrier’s SideKick product because of failures of Microsoft server software, are offering the people who lost their information a $100 gift card. That seems to be little better than adding insult to injury. Read More »

Posted on: October 13, 2009 – 5:25 am in Software, Telecom, Wireless, DT, MSFT, S, T, VOD, VZ

Media Digest 10/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters: The healthcare plan is about to take a step forward in Congress.

Reuters: The debt swap at CIT (NYSE:CIT) is in trouble and could cause bankruptcy.

Reuters: Summers says Obama policies saved economy. Read More »

Posted on: October 13, 2009 – 3:58 am in Press Digest, AIG, BAC, CIT, DNDN, DT, GE, INTC, JPM, MHP, MSFT, SNDK, XOM

Microsoft (MSFT) Failure Destroys T-Mobile Customer Data

“Regrettably, based on Microsoft/Danger’s latest recovery assessment of their systems, we must now inform you that personal information stored on your device – such as contacts, calendar entries, to-do lists or photos – that is no longer on your Sidekick almost certainly has been lost as a result of a server failure at Microsoft/Danger.”–T-Mobile customer service website. Read More »

Posted on: October 12, 2009 – 6:08 am in Wireless, AAPL, DT, GOOG, MSFT, RIMM

The Growing Trend Of Denying Rumors

Microsoft (MSFT) felt compelled to deny a rumor that it would buy Electronic Arts (ERTS) after shares in the game company rose over 7% on speculation of a deal.

BusinessWeek had to say that it was not closing after a Twitter message to that effect leaked to the public.

Last week, and again this week, there were persistent rumors that Deutsche Telekom (DT) would buy Sprint (S) and put it together with its US cellular operation T-Mobile. The fact that the two companies run on incompatible networks did not seem to matter.

CBS (CBS) approached members of the press after stories that it might go Chapter 11 appeared based on a study by well-regarded research firm Audit Integrity. Read More »

Posted on: September 24, 2009 – 6:04 am in Media, CBS, DT, ERTS, MSFT, S

Merger Stocks With Significant Arbitrage (CYCL, T, HNBC, FNFG, PCAP, PSEC, JAVA, ORCL, VM, S, DT, IPCS)

Despite the notion that times are tough, mergers are still happening. If you look back at what we noted, the top 20 companies by market cap had over $335 billion in raw cash that could be used for acquisitions and dividends. Two of those are in deals noted herein. We are seeing some significant merger-arbitrage spreads in five of the existing mergers that are currently in the pipe. These deals are as follows:

Centennial Communications Corp. (NASDAQ: CYCL) by AT&T Inc. (NYSE: T);
Harleysville National Corp. (NASDAQ: HNBC) by First Niagara Financial Group (NASDAQ: FNFG);
Patriot Capital Funding Inc. (NASDAQ: PCAP) by Prospect Capital Corp. (NASDAQ: PSEC);
Sun Microsystems Inc. (NASDAQ: JAVA) by Oracle Corp. (NASDAQ: ORCL);
Virgin Mobile USA Inc. (NYSE: VM) by Sprint Nextel Corp (NYSE: S).

We have provided specific background and added in some color to highlight the risks and chances of closure of each deal. There are some significant opportunities here in some of these deals, and some significant risks in others.
Read More »

Posted on: September 18, 2009 – 11:38 am in Activist Investor, Banking, Dividend, Editor's Picks, Insider Activity, Mergers and Buy Outs, Telecom, Value Investing, CYCL, DT, FNFG, HNBC, IPCS, JAVA, ORCL, PCAP, PSEC, S, T, VM

The Unusual Suspects (GT, CTB, S, DT, LOPE, BBY, ORCL, PALM, GLD, CSX, UNP, RGR)

We have a whole host of stocks and sectors to watch throughout this coming week. We have Goodyear Tire & Rubber Co. (NYSE: GT) and Cooper Tire & Rubber Co. (NYSE: CTB) to watch on some tariff news. Sprint Nextel Corp. (NYSE: S) will likely be a key mover on Monday on potential merger reports. Grand Canyon Education Inc. (NASDAQ: LOPE) is supposed to have a secondary offering early this week. Earnings are coming from Best Buy Co. (NYSE: BBY), Oracle Corp. (NASDAQ: ORCL), Palm, Inc. (NASDAQ: PALM) and others. $1,000.00 gold is going to be key for the SPDR Gold Shares (NYSE: GLD). CSX Corp. (NYSE: CSX), Union Pacific Corp. (NYSE: UNP), and Sturm, Ruger & Co. Inc. (NYSE: RGR) are all likely suspects to watch for catch-up trading based on news outside of those companies. More details are provided on each of these. Stay tuned this week.
Read More »

Posted on: September 13, 2009 – 12:27 pm in Autos, Calendar, Commodities, Earnings, Editor's Picks, Mergers and Buy Outs, Politics, Regulation, Rumors, Secondary Offering, Short Interest, The Week, Trading Alert, Transports, BBY, CSX, CTB, DT, GLD, GT, LOPE, ORCL, PALM, RGR, S, UNP

Deutsche Telekom (DT) May Offer To Buy Sprint (S)

Deutsche Telekom’s US cellular carrier T-Mobile only has 33 million subscribers. That puts its a distant fourth in the market behind Sprint (S) Verizon Wireless (VOD)(VZ) and AT&T (T). It means that T-Mobile has only 12% of the American market which makes keeping up with the competition in terms of the size of its network and marketing costs extremely difficult.

Deutsche Telekom may remedy its trouble in the US by buying Sprint, which has about 50 million subscribers. The purchase would make its subscriber base much closer to Verizon’s and AT&T’s. Read More »

Posted on: September 13, 2009 – 7:24 am in Mergers and Buy Outs, Telecom, WiMAX, Wireless, CLWR, DT, INTC, S, T, VOD, VZ

Media Digest 9/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters: Richard Fuld defended his actions at Lehman.

Reuters: Manpower says the outlook for hiring is US is weak.

Reuters: Gold futures topped $1,000.

Reuters: Kraft (KFT) will probably up its bid for Cadbury. Read More »

Posted on: September 8, 2009 – 4:00 am in Press Digest, Uncategorized, AIG, DT, FTE, GOOG, IBM, KFT, MCD, MSFT, SNE, VZ, YHOO

Asia Markets And Europe Open 9/8/2009

Markets in Asia were higher.

The Nikkei rose .7% to 10,393. Toyota (TM) traded higher.

The Hang Seng was up 1.5% to 20,941.

The Shanghai Composite was higher by 1.7% to 2,930.

At the open in Europe, the FTSE rose .4% to 4,951. The Dax was up .3% to 5,479. Deutsche Telekom (DT) rose. The CAC 40 was up .3% to 3,660. France Telecom (FTE) was up.

Data from MarketWatch and Reuters.

Douglas A. McIntyre

Posted on: September 8, 2009 – 3:22 am in International Markets, DT, FTE, TM

Time To Revisit Cellular Merger in Pre-Paid & No-Contract (LEAP, PCS, VM, S, T, AMX, DT)

Leap Wireless International Inc. (NASDAQ: LEAP) made our volume spike alert this morning based on last night’s dismal earnings results. But after a deeper look, there is an old reminder here that might need to be brought back up. And the company might need to consider it. The pending merger between Sprint Nextel Corporation (NYSE: S) and Virgin Mobile USA (NYSE: VM) creates a powerful competitor in the space of pre-paid wireless by combining operations (but not names) of Virgin and Boost.

Back September 2007, MetroPCS Communications, Inc. (NYSE: PCS) sent a letter to Leap Wireless management proposing a strategic merger that would have made it the fifth largest wireless carrier. Based on how bad Leap’s figures were, it may be time for a revisit of what that merger might look like today. After all, it was Leap’s turn in the barrel yesterday where its shares went roughly to $9.00 after being above $12.50 on Wednesday.

The prepaid wireless sector is very competitive. For starters, AT&T (NYSE: T) has its GoPhone. AMERICA MOVIL, S.A.B (NYSE: AMX) owns the TracFone. T-Mobile is owned by Deutsche Telekom (NYSE: DT), and it offers T-Mobile To Go. A further look at the numbers may show that the combination could be one of need rather than one of greed.
Read More »

Posted on: August 7, 2009 – 11:44 am in Mergers and Buy Outs, Rumors, Telecom, Wireless, AMX, DT, LEAP, PCS, S, T, VM

Media Digest 8/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters: A bubble may be forming in the corporate bond market.

Reuters: Wall St. firms have made $1 billion on the break up of AIG (AIG). Morgan Stanley(MS), Goldman Sachs (GS), JP Morgan (JPM) and Blackstone (BX) could get large fees.

Reuters: A judge would not approve an SEC settlement with Bank of America (BAC) Read More »

Posted on: August 6, 2009 – 3:58 am in Press Digest, AAPL, AIG, AMZN, AXP, BAC, BX, CSCO, DT, FNM, FRE, GOOG, GS, JPM, LVS, MNST, MS, NWS, ONT, PRU, TM, VG, WYNN

Media Digest 6/29/2009

Reuters: GM will accept product liability on cars it has built in the past.

Reuters: Obama could consider a second stimulus if necessary.

Reuters: Rising office availability in NYC is slowing.

Reuters: VW says it has not issued an ultimatum to Porsche on a tie-up.

Reuters: Tata launched Jaguar and Rover in India. Read More »

Posted on: June 29, 2009 – 2:54 am in Alternative Energy, Banking, Drug companies, Earnings, Entertainment, Green Biz, Luxury, Media, Mergers and Buy Outs, Metals, Oil & Gas, Old Media, Press Digest, Telecom, Wireless, AMR, BA, DT, JAVA, MSFT, NVS, ORCL, PNC, UBS, VLO, VOD, XOM

Media Digest 6/23/2009

Reuters: Toyota’s (TM) new management has a rocky road.

Reuters: A poll shows confidence in Obama’s economic plans drops.

Reuters: Apple’s (AAPL) Jobs was at work.

Reuters: Ford (F) and Nissan will get special factory upgrade loans Read More »

Posted on: June 23, 2009 – 3:18 am in Press Digest, AAPL, DT, F, GOOG, LVLT, MA, MOT, TM, UBS, VOD, VZ

Media Digest 6/10/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters: The Supreme Court delays Chrysler deal.

Reuters: The cleared ten banks to repay TARP include JPMorgan (JPM), Goldmand Sachs (GS), American Express (AXP), Cpaital One(COF), State Street (STT), BBT (BBT), Morgan Stanley (MS), and US Bancorp (USB).

Reuters: Senate Democrats revealed healthcare bill.

Reuters: New York Times (NYT) will not close the Boston Globe Read More »

Posted on: June 10, 2009 – 3:02 am in Autos, Banking, Biotech, Brokerage Firms, Compensation, Consumer Electronics, Corporate Governance, Economy, Financial Stocks, Management Change, Oil & Gas, Press Digest, Private Equity, Turnarounds, Wireless, AAPL, AXP, BAC, BBT, BIIB, COF, DT, ETFC, GOOG, GS, JPM, MGM, MO, MS, MSFT, NYT, PALM, RIMM, SINA, STT, T, USB, YHOO

Top Analyst Downgrades (AKS, AFL, CMA, DT, FDX, HAL, FITB, KEY, HOT)

These are some of the top pre-market analyst downgrades and negative calls we have seen from Wall Street firms with about two hours until the market open this Wednesday morning:

AK Steel (AKS) Cut to Sell at UBS.
AFLAC (AFL) Cut to Underweight at Barclays.
Comerica (CMA) Cut to Hold at Citigroup.
Deutsche Telekom (DT) was downgraded at both Deutsche Bank and JPMorgan after this week’s warning.
FedEx (FDX) Raised to Neutral at BofA-Merrill.
Halliburton (HAL) Cut to Equal Weight at Barclays.
Fifth Third Bancorp (FITB) Cut to Market Perform at BMO.
KeyCorp (KEY) Cut to Hold at Citigroup.
Starwood Hotels (HOT) Cut to Neutral at Baird.

JON C. OGG

Posted on: April 22, 2009 – 6:45 am in Analyst Calls, AFL, AKS, CMA, DT, FDX, FITB, HAL, HOT, KEY

Who Buys Sprint (S)? (T)(VZ)(VOD)(DB)

Sprint (S) is probably not a viable standalone company any more. It laid off 8,000 people yesterday and said it may outsource some of its work to cover for the drop in employees.

That is not the worst of it. Sprint is still losing market share to AT&T (T) and Verizon (VZ) (VOD) Wireless Both of those companies are financial stronger than Sprint and most wireless consumers believe that Sprint has poor customer sevice.

Posted on: January 27, 2009 – 6:38 am in Wireless, DT, S, T, VOD, VZ

Top Pre-Market Analyst Downgrades (BBL, CBE, CPRT, DT, GPC, MPW, SAP, TRIN)

These are the top downgrades and cautious calls we have seen from Wall Street analysts this Wednesday morning:

BHP Billiton plc (BBL) Cut to Hold at Canaccord.
Cooper Industries (CBE) Cut to Neutral at UBS.
Copart (CPRT) Cut to Neutral at Baird.
Deutsche Telecom (DT) Cut to Underperform at Bernstein.
Genuine Parts (GPC) Started as Underperform at FBR.
Medical Properties trust (MPW) Cut to Neutral at UBS.
SAP (SAP) Cut to Sell from Hold at Societe Generale.
Thomson Reuters plc (TRIN) Cut to Sell at RBS.

Jon C. Ogg
November 26, 2008

Posted on: November 26, 2008 – 7:47 am in Analyst Calls, BBL, CBE, CPRT, DT, GPC, MPW, SAP, TRIN

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