T-Mobile USA Decline Weighs on Deutsche Telekom
Thursday, February 23, 2012 8:29Deutsche Telekom was forced to bear an impairment loss of €3.3bn in the fourth quarter, in part owing to the on-going decline in T-Mobile USA, which it failed to sell to the mobile network–AT&T in 2011 at the price of $39bn.
According to the German telecoms groups, it is said that the company aimed to reverse the sharp rise in customer losses in the fourth quarter at its US unit via rolling out next-generation mobile broadband services, using the spectrum gained as part of the break fee from AT&T, along with an additional investment of about $1.4bn.
According to Deutsche Telekom, it was announced that the group would relaunch the T-Mobile brand and target the business customer segment more actively in 2012.





