All USA articles – Page 3
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Financial & Performance
Deutsche Telekom Q1 FY24 Highlights: low-key Europe division gets a rare ‘star’ turn
Q1 FY24: No nasty surprises, but some emerging challenges, as DT nears the end of its current strategic phase.
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Financial & Performance
Deutsche Telekom Q1 FY24 Guidance: focus builds on cashed-up DT’s shopping list
Q1 FY24: Group continues to project healthy jumps in revenue, earnings, and cash flow expected in FY24.
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Operations
T-Mobile ramps up retail workforce ahead of price hikes
American NatCo appears to have reinforced its customer front line in Q1 FY24, as it seeks to keep pace on customer base growth while bedding in price rises.
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Strategy & Change
DT looks to Lumos for enlightenment on US fibre strategy
Following tie-up with EQT to make first US fibre buy, the Group’s CEO says further transactions could lie ahead, but that that possible ‘phase two’ M&A targets have been scoped out.
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M&A
T-Mobile’s Osvaldik stays coy on UScellular rumours
CFO indicates that UScellular would be approached in the same way as any other ‘hypothetical situation’.
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Strategy & Change
American Tower eyes US expansion of Power as a Service in efficiencies pursuit amidst M&A hiatus
ATC looks to ship high ROI ‘Power as a Service’ learnings to US market, having proven benefits in Africa, and to transfer US automation credentials to other geographies. Hunt for global efficiencies may also lead to monetisation of sub-scale assets, with focus on operational excellence meaning “nothing compelling” to buy, for now…
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Weekly Briefings
Deutsche Telekomwatch Weekly: it’s all set to kick off in Germany’s broadband market
Telekom Deutschland amps up promotions and advertising as it preps pincer movement on cable rivals, using coming weeks’ regulatory changes and Euro 2024 tournament. Meanwhile, T-Mobile US makes its first move in long-anticipated fibre M&A strategy, tying with Swedish investment giant EQT to take joint ownership of infra player Lumos.
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M&A
T-Mobile swallows Mint in up-to-$1.2bn deal
DT’s American NatCo adds Mint and Ultra to its value brand portfolio following FCC approval.
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Financial & Performance
T-Mobile confirms fibre JV with EQT to buy Lumos
NatCo expects to invest close to $1.5bn in the JV and aims to pass 3.5m premises by 2028. Meanwhile, FWA subscribers surpass five million, the Mint Mobile deal wins regulatory approval, and long‑serving investor relations SVP Jud Henry takes on a new role in the TMUS finance organisation. Read more…
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M&A
Phoenix Tower remains ‘opportunistic’ on buyouts post-BlackRock deal
TowerXchange Meetup Europe: CEO of wireless infra group says it remains “ready to go” on Europe M&A despite many tower rivals looking cowed amid the tighter financing environment. March’s completion of fresh investment by asset management behemoth BlackRock has given confidence to pursue further deal-making opportunities. Claims edge on “carrier captive” rivals. Read more…
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Weekly Briefings
Deutsche Telekomwatch Weekly: Germany’s Gigabit goals in spotlight
Group CEO Höttges weighs in on infra policy, highlighting slow pace of mobile challenger 1&1’s network rollout at Group AGM. Telekom Deutschland’s Srini Gopalan also goes on regulatory offensive, reiterating calls for removal of bureaucratic hurdles in German fibre rollout, as questions begin to be asked about the country’s long-term Gigabit goals…
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Interview
Interview: T-Mobile partner SiFi Networks gears up for first ‘FiberCity’ launches
First FiberCity set to be completed soon in Fullerton, California.
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Financial & Performance
Ten years into mission, Höttges’ DT is on cruise
FY23: Deutsche Telekom keeps growth going in landmark — but largely business-as-usual — twelve months for its long-serving CEO.
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Financial & Performance
Deutsche Telekom FY23 highlights: momentum maintained
Strong, broad-based commercial performance sees DT meet all major financial targets for FY23. Group is no longer a one-trick, T-Mobile pony. Read more…
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Financial & Performance
Deutsche Telekom FY23 spend: unfinished business on cost control
FY23 session sees ongoing evidence of Group leadership qualms in the area of cost control, amid macro and regulatory uncertainties. Read more…
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Financial & Performance
Deutsche Telekom FY23 guidance: cash flow becoming a deluge
More jumps expected in revenue, earnings, and cash flow expected in FY24.
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Public Affairs
Telefónica ‘in talks’ with SEC on ‘historic fine’ over Chinese ties in Venezuela
Final amount of penalty is currently unknown, the report from El Confidencial says. Probe was launched after President Maduro invited Chinese suppliers to help build 4G networks.
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Network & Infrastructure
T-Mobile US ‘planning fibre JV’ with EQT’s Lumos
Handelsblatt report suggests US NatCo plans to invest at least $1bn in new venture.
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Strategy & Change
Deutsche Telekom’s API supremo outlines first steps of journey
Having debuted two network APIs in its home market, DT indicates a third is imminent.
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Weekly Briefings
Deutsche Telekomwatch Weekly: MWC gives Europe one in the AI, ISS dispute escalates
Barcelona sees Group CEO Tim Höttges join European peers to reiterate calls for new thinking on regional telco development. New T-Systems CTO, Europe NatCos expansive on fibre, M&A…