Five paragraphs into a 770-word press release, at the end of a paragraph about infrastructure investments in Germany and the U.S., Deutsche Telekom (DT) confirmed Thursday what Merrill Lynch's Scott Craig correctly predicted last week:
"T-Mobile USA has entered into an agreement with Apple to bring products to market together in 2013"
The assumption is that those "products" are the iPhone and the iPad, but PCMag's Sascha Segan tweets that T-Mobile is talking about an as-yet-unannounced iPhone model. T-Mobile PR says only that additional details will be made available at a later date. Apple (AAPL) is only confirming that there is an agreement.
In a note to clients Thursday, RBC Capital's Amit Daryanani estimates that T-Mobile could sell as many as 4.8 million iPhones in the first year alone.
Also: Deutsche Telekom may merge Metro PCS and T-Mobile USA; the 'lost' Steve Jobs speech.
MoviePass debuts an unlimited movie service that may just save cinemas [VENTUREBEAT]
Here's how it works: For a flat monthly fee (between $24.99 and $39.99, depending on where you live), MoviePass grants you access to one free movie ticket a day. To use the ticket, you simply need to head to a movie theater, check in using MOREJP Mangalindan, Writer - Oct 3, 2012 5:30 AM ET
Predicts the carriers will "stunt the pace of phone upgrades" in 2012, starting this quarter
BTIG's Walter Piecyk sent his clients some deeply mixed signals Monday, two weeks before Apple (AAPL) is scheduled to report its second fiscal quarter earnings.
On the one hand, he's taken a new look at estimates he published in January and revised them sharply upward -- nearly 39% in EPS alone (see table at right).
On the other, MOREPhilip Elmer-DeWitt - Apr 9, 2012 1:19 PM ET
By Scott Moritz
Alcatel-Lucent (ALU), the struggling telecom equipment maker, on Tuesday named an old hand as its new chief executive. Former British Telecom (BT) chief Ben Verwaayen, who once ran Lucent's international sales operations, has been hired to replace CEO Pat Russo.
Alcatel-Lucent also announced that Philippe Camus, the former co-chief of Airbus parent EADS, will take over as chairman, replacing Serge Tchuruk who, along with Russo, announced his resignation earlier this summer. The news comes days after news MOREsmoritz - Sep 2, 2008 11:35 AM ET
By Michal Lev-Ram
Just as one high-profile buyout bid is wrapping up, another may be beginning.
Deutsche Telekom AG (DT), the parent company of T-Mobile, is considering a bid to acquire Sprint Nextel (S), according to news reports Monday.
Shares of Sprint were up nearly 6% on the news, while Deutsche Telekom was down about 1.4%.
While Germany-based Deutsche Telekom has nearly 120 million customers worldwide, T-Mobile is the smallest of the top four MOREMichal Lev-Ram, writer - May 5, 2008 1:14 PM ET
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