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Investing

T-Mobile to Stay Independent (DTEGY, T, VZ, VOD, S, AAPL)

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By Paul Ausick Published

The T-Mobile USA unit of Deutsche Telekom AG (OTC: DTEGY) doesn’t have a second offer pending now that the $39 billion deal with AT&T Inc. (NYSE: T) has been killed. Verizon Wireless, a joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone Group plc (NASDAQ: VOD) doesn’t have any better chance than AT&T to pass regulatory muster, and the number 3 wireless company, Sprint Nextel Corp. (NYSE: S) has its own problems.

T-Mobile’s CEO, Philipp Humm, told The Wall Street Journal’s All Things D blog, “Now it’s really a question about restarting the business.” The company is still working on its future strategy, which might include a deal with Apple Inc. (NASDAQ: AAPL) for T-Mobile to carry the iPhone. Humm also said that the company expects to have its new plans in place by the end of the current quarter.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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