Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  Deutsche Telekom AG    DTE   DE0005557508

Real-time Quote. Real-time Tradegate - 10/26 07:15:23 pm
15.085 EUR   -0.36%
10/25 EU to investigate Czech telecoms operators' network-sharing deal
10/25 T-Mobile hopes to ring in more US customers
10/24 B/E Aerospace, Microsoft and T-Mobile rise; AT&T slumps
News SummaryMost relevantAll newsSector news 

T-Mobile Signs Large Deals With Ericsson, Nokia Siemens Networks

share with twitter share with LinkedIn share with facebook
share via e-mail
05/08/2012 | 05:50pm CEST

--Ericsson, NSN chosen for T-Mobile 4G LTE build-out

--T-Mobile says cost of build-out is about $4 billion

--Ericsson says deal strengthens its position in North America

(Adds detail throughout)

   By Greg Bensinger and Sven Grundberg 

Ericsson (ERIC) and Nokia Siemens Networks late Monday bagged a major contract from T-Mobile in the U.S., to provide equipment and services for its planned high-speed mobile broadband network.

T-Mobile, a unit of Germany-based Deutsche Telekom AG (>> Deutsche Telekom AG) has been late in upgrading its network to offer the high-speed mobile broadband service known as 4G LTE. Last year it put strategic plans on hold in anticipation of being taken over by AT&T Inc. (>> AT&T Inc.), in what became a failed $39 billion bid for the fourth-largest U.S. carrier.

T-Mobile announced the agreements at a conference in New Orleans on Monday.

The network deals with Ericsson and NSN, spanning about three years, will help T-Mobile build a 4G network to cover major markets starting next year to compete with Verizon Wireless, AT&T, and Sprint Nextel Corp. (S).

In an interview, Thomas Noren, head of radio products at Sweden's Ericsson, described the contract as "very important" for the Swedish company.

T-Mobile will build the network over the next few years at a cost of about $4 billion and is using funds and wireless airwaves it won from AT&T following the failed takeover bid.

"This is a major contract which strengthens our position on the North American market," Noren said. "Ericsson has been very successful when it comes to LTE in North America, and we have been chosen to deploy LTE by all major operators in the region."

He added that all the competing major network wireless vendors, which include companies such as Alcatel-Lucent (ALU) and China's Huawei Technologies Co., were competing for the T-Mobile contract.

The deal is also important for NSN, the loss-making network joint venture of Siemens AG (SI) and Nokia Corp. (NOK), which has had a hard time competing for network infrastructure contracts against market leader Ericsson and rapidly growing Huawei.

In 2010, NSN launched a bid for the wireless networks business of Motorola Solutions Inc., to strengthen its position with major U.S. carriers. The deal was completed in April last year.

-By Greg Bensinger and Sven Grundberg, Dow Jones Newswires; 212-416-4676; greg.bensinger@dowjones.com

Stocks mentioned in the article : Deutsche Telekom AG, AT&T Inc.
share with twitter share with LinkedIn share with facebook
share via e-mail
10/25 EU to investigate Czech telecoms operators' network-sharing deal
10/25 T-Mobile hopes to ring in more US customers
10/24 B/E Aerospace, Microsoft and T-Mobile rise; AT&T slumps
10/24 JOHN LEGERE : T-Mobile raises forecast; sees 'upside' from AT&T-Time Warner deal
10/24 NASDAQ 100 MOVERS : Vrtx, tmus
10/24 T MOBILE US : Mobile beas 3Q profi forecass
10/24 T MOBILE US : Management's Discussion and Analysis of Financial Condition and Re..
10/24 T-MOBILE US, INC. : Results of Operations and Financial Condition, Financial Sta..
10/24 HUAWEI CULTURE : T-Mobile Austria, Huawei demo speeds of almost 2Gbps
10/21 DEUTSCHE TELEKOM : and Huawei implement first standardized Narrowband IoT networ..
More news
Sector news : Integrated Telecommunications Services - NEC
04:41p Comcast posts higher revenue, helped by Rio Olympics
10/25DJStocks Fall on Mixed Earnings Reports
10/25DJORANGE : Profit Up as International Sales Grow -- 2nd Update
10/25DJORANGE : Profit Up as International Sales Grow -- Update
10/23 AT&T-Time Warner may signal start of new media industry consolidation
More sector news : Integrated Telecommunications Services - NEC
News from SeekingAlpha
10/12 ERICSSON : A Falling Knife
09/14 WALL STREET BREAKFAST : Monsanto Accepts Bayer's $66B Offer
09/14 Europe to tighten tech controls
08/26 Rivals rush to address dearth of European airborne Internet access
08/22 Beating The Market With Dividend-Paying Stocks (Featuring Vodafone)
Financials (€)
Sales 2016 72 031 M
EBIT 2016 8 871 M
Net income 2016 4 513 M
Debt 2016 53 172 M
Yield 2016 3,96%
P/E ratio 2016 17,33
P/E ratio 2017 17,25
EV / Sales 2016 1,72x
EV / Sales 2017 1,64x
Capitalization 70 808 M
More Financials
Duration : Period :
Deutsche Telekom AG Technical Analysis Chart | DTE | DE0005557508 | 4-Traders
Full-screen chart
Technical analysis trends DEUTSCHE TELEKOM AG
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 17,1 €
Spread / Average Target 13%
Consensus details
EPS Revisions
More Estimates Revisions
Timotheus Höttges Chairman-Management Board & CEO
Ulrich Lehner Chairman-Supervisory Board
Thomas Dannenfeldt Chief Financial Officer
Hubertus von Grünberg Member-Supervisory Board
Michael Sommer Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TELEFONICA SA-9.83%49 240
BT GROUP PLC-19.37%46 947
More Results