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SoftBank looks to offload T-Mobile shares to decrease debt

2020-06-16 02:00:00| Total Telecom industry news

Today, SoftBank confirmed a rumour that has been circulating for the last month or so – that it is looking to sell its stake in the new T-Mobile.  The company, which owns around 25% of the newly merged T-Mobile, said it is in talks with 44% owned Deutsche Telekom regarding the share sale…read more on TotalTele.com »

Tags: decrease debt shares softbank


T-Mobile leads modest growth in Dutch broadband subscribers in Q1, KPN losses continue

2020-05-27 08:14:00| Telecompaper Headlines

(Telecompaper) KPN continues to suffer in the consumer market, where it has discontinued sales to new customers at its Telfort and XS4All brands in order to promote more premium offers under the KPN flag. This includes the launch of its first gigabit broadband service in March across its expanding FTTH network. KPN still lost 23,000 consumer broadband customers in the quarter, while gaining 8,000 in the B2B segment. In total, KPN had almost 3.15 million broadband customers at the end of March.

Tags: continue growth leads dutch


Softbank in talks to sell T-Mobile shares to Deutsche Telekom - report

2020-05-18 10:33:00| Telecompaper Headlines

(Telecompaper) Softbank is in talks with Deutsche Telekom to sell a portion of its stake in T-Mobile US, the Wall Street Journal reports citing people familiar with the matter. Deutsche Telekom would raise its stake in T-Mobile to over 50 percent from the current 44 percent if the transaction were finalised. Telekom already has voting control of T-Mobile under a prior agreement with SoftBank, which recently held almost 25 percent of T-Mobile's common stock, according to FactSet. 

Tags: report sell deutsche shares


Struggling SoftBank could sell its T-Mobile US stake

2020-05-18 02:00:00| Total Telecom industry news

Last month, the much awaited US merger of Sprint and T-Mobile finally took place, creating a $40 billion business. Just one month later…read more on TotalTele.com »

Tags: us sell struggling stake


T-Mobile prepares core network for launch of standalone 5G later this year

2020-05-04 16:29:00| Telecompaper Headlines

(Telecompaper) T-Mobile US announced a number of milestones on its 5G production core, in cooperation with vendors Nokia, MediaTek, Cisco, Ericsson and Qualcomm. The company said it is on track to launch standalone 5G services this year thanks to the new core network. 

Tags: this year network core


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