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Stock Market & Financial Investment News

News Breaks
February 10, 2014
06:22 EDTTMUS, DTEGYDeutsche Telekom acquires remaining shares of T-Mobile Czech Republic
Deutsche Telekom (DTEGY) is acquiring the remaining 39.23% stake of T-Mobile's (TMUS) Czech Republic unit for a purchase price of EUR0.8B. The shares are currently owned by a consortium of investors led by funds managed or advised by private equity group Mid Europa Partners. The acquisition of the remaining shares enables a simplification of the capital and governance structure of T-Mobile Czech Republic. In addition, the transaction provides financial benefits, such as the savings of annual dividend payments to the minority shareholders and an increase in net profit. T-Mobile Czech Republic is already fully consolidated by Deutsche Telekom, therefore the transaction will have no impact on group revenue and EBITDA. The transaction is not subject to regulatory approvals. Reference Link
News For DTEGY;TMUS From The Last 14 Days
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April 23, 2014
12:51 EDTTMUSOn The Fly: Midday Wrap
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10:21 EDTTMUSAT&T slumps after failing to raise profit guidance
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April 22, 2014
10:02 EDTTMUSBofA/Merrill's telecom analysts hold an analyst/industry conference call
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07:16 EDTTMUSiPhone sales could be hurt by fading phone subsidies, WSJ reports
Sales of Apple's (AAPL) iPhones may be further pressured as carriers make faster progress in transitioning customers away from subsidies, the Wall Street Journal reports. U.S. wireless carriers like T-Mobile US (TMUS) and AT&T (T) have been having more success than expected in moving customers to non-subsidy plans, a transition that could harm sales of expensive handsets such as the iPhone. Reference Link
April 21, 2014
07:22 EDTTMUSPossible Sprint, T-Mobile merger could spark U.S. auction rethink, Reuters says
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April 14, 2014
09:10 EDTTMUST-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTTMUST-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
06:40 EDTTMUSNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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