T-Mobile brand could be gone by 2011?
Now this is a hard one too swallow. 24/7 Wall St has posted content yesterday that is essentially saying T-Mobile and a few other companies better hold on for dear life in the near future as they could very well be subject to sinking in the economic turmoil that is evident at this stage in the US economy.
27/7 Wall St is a financial news and opinion site that is based out of Delaware. Their content is regularly picked up by some highly visible websites, including the Wall Street Journal online. In a recent article published by Yahoo Finance the site claimed that the telecom company could very well be in some trouble and subject to closing its doors by 2011. But is that really possible? Let’s explore 24/7 Wall St’s findings
T-Mobile is owned by a larger company called Deutsche Telekom and is currently listed as the 4th largest cellular company on American soil. T-Mobile currently is listed as having 34 million users, while the third place company Sprint is currently clocking 50 million users. In 2009 T-Mobile reported profits of 306 million. Not too bad until you see they made 483 million the previous year a loss of about 177 million dollars in around 365 days. T-Mobile has gone head to head with the big boys for years and has perpetuated their company to the top of the list doing it. However when competing with the likes of At&t and Verizon you will need to be able to keep up with the curve. The curve that I’m speaking of is 4G; Sprint is currently implementing its fourth generation of the cellular technology, while Verizon will be pushing out its LTE soon. But T-Mobile seemingly does not have a leg to stand on when speaking of the new 4G technology. In this situation one could potentially see T-Mobile attempt at finding a partner to team up with for T-Mobile based 4G, however most of these carriers will announce their new service before it is completely finished. Leaving T-Mobile in the dust per say. Rumors of a T-Mobile Sprint-Nextel merger have been tossed around for quite some time now but seem unlikely. 24/7 Wall St stated that if this merger did take place the customer base would rival that of At&t and Verizon. Other possibilities noted by 24/7 Wall St are a potential merger with Virgin Mobile.
I guess only time will tell, huh. The news of a large company like T-Mobile sinking in less than a year from now is very hard to believe. But with the “sunk” economy and high level of competition, anything is possible
Tell us what you think of this being remotely possible.
Can T-Mobile push out 4G technology on their own?
Tags: Tmobile
getz life plz
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MARCH 2011
ATT ANNOUNCED TO DAY IT WILL PURCHASE T MOBILE
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ive received an SMS saying that iv won R95000 from T MOBILE promotion so i just want to know if that competition exists because iv neva enter any competition.
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Oh and the only reason Sprint is in third is because of there acquisition of nextel. They are still coasting on that wave, it won’t last long. My stocks are in TMO ad Google technologies.
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You shouldnt blog until you’ve conducted some educated research of your own. Its media outlets like this shotty one that effect peoples opinions because sadly they can’t form there own. T-mobile hits a target market that Verizon and AT&T can’t, they have affordable plans for individuals and families, they won’t take the shirt off your back. How many people who have Verizon or AT&T can say that they’ve had numerous monthly bills over $300 on more then one occasion? T-mobile is hitting on a demographic that is untap in this market, they also have the most advanced newest phones I have ever seen. Like I said if you did some research you would know that T-mobile was the first to run on the Android market. Ever heard of the G1 and they also were the first to ever have personal coverage maps. Jesus, Eric Schmidt uses the Tmobile network. You can continue to run mainstream with I’m guessing your Verizon Fascinate, AT&T iphone (which is a complete sell out to verizon), and I will be happy with my brand new top of line NEWEST phone out right now Mytouch4g. Goodday
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hey dummys…t-mobile has started rolling out the 4g network in over 30 major U.S. Cities…verizon or att&t havent even started yet. the new network is call hspda+ infact t-mobile is the only network besides verizon who has more gains than losses the last year. do your homework
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John Reply:
January 6th, 2011 at 2:04 pm
@Nick,
Sorry to break it to ya, but it’s not 4G. It’s HSPA still, which is the same technology used for 3G, they just tweaked it and made it faster, though not to the speed potential of 4G.
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Anonymous Reply:
January 10th, 2011 at 6:04 pm
@John, First of all it’s HSPA+ with that said it is considered 4G as the ITU recalssified the 4G network to include HSPA+. T-mobile is also planning on doubling ther network to 42mbps by mid-year, sorry if thats not fast enough considering its faster than most people home cable/dsl connections. Do your homework before saying things you know nothing about.
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24/7 and the writer of this blog are essentially full of rumors… Tmobile… is a way better option than AT&T. Wait till Iphone leaves their hand then you will see who will sink first… Sprint/Nextel is only surviving because of commercial uses but that will decline as more Wireless tech develops…. Why have Nextel? when you can Wifi a work Van…right? So Sean wipe your nose and watch real news.
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Anonymous Reply:
December 18th, 2010 at 10:18 am
@Tmobiler, I think this is hillarious I heard this same rumor when I worked for Sprint PCS in 1999. THen it was Sprint that was doomed and WorldCom was merging with the company. We all know how that ended.
I have been a T-mobile customer for 7 years and I’m sure I will be for the next 50 years.
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I’m Surprised that 24/7 didn’t reference whats been in the news regarding TMO’s new HSPA network which will be providing data speeds in excess of any 4g network… 4g is simply like saying I have a V8… great, but how does that power transfer to the rear tires? certain markets are already experiencing data speeds of 21 up and 21 down on this new network… also their GSM network is receiving much attention as the most compatible network to support iPhone…. iPhone and 21 up and down speeds…. I don’t think T-Mobile is going away anytime soon.
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T-Mobile is more reliable than any of the other cell companies such as att, cingular, sprint that i’ve used in the past. I’ve never used verizon so I don’t have much to say about their cell service. But on a home phone a while back, I disliked their service. T-Mobile is a great company and as long as there are loyal customers like you and I, they will keep “moving forward” like Toyota. One more thing, everyone complains about the HD2, take it from me, theres always going to be flaws on phones, just like the Iphone. Iphone users are just too blinded by the shiney things, that they choose not to see it. They’d believe any bs Steve jobs gives them about miscalculating the service bar (so theres actually more bars than what signal you’re really getting, in return, its ATT). Lets just admit, it was an engineering fluke, not ATT, not MISCALCULATING the service bars, and certainly (at their own debut) not because there was too many people on WIFI. Great phone, no doubt, but if I was Steve Jobs, I wouldn’t tell my customers to “HOLD THE PHONE A DIFFERENT WAY” because I can hold my HD2 any way I’d like and it will still work. My HD2 has never had problems, the problem is more often the user. I’ve been in IT all my life, believe me, you will find that there are alot of unintelligible folks out there. So to say HD2, MyTouch etc aren’t as good as EVO, DROID X, iPhone, etc, is cra* bc of specs are alike (except for iphone). It should be about how the phone caters to the user, basically winmo or android etc. I think winmo is fine. So what they don’t have 150000 apps, I didn’t need that many to find what I was looking for in the first place. And if you search, theres lots of free apps for winmo, you just wont find them on the windows market place.
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T-Mobile USA Wlll be in business 2013 2019 2020 2190 2910 3011 9011 99,999 u guys should do is write letters say u want T-Mobile be in business and have T-Mobile Brand in 4G Okay Please email rdotson at t-mobile.com tell them T-Mobile needs to be in business 99.999 start making 4G Phones and T-Mobile USA Needs to Get Workin on new phones with 4G In 2011 okay T-Mobile USA Is Not Goin anywhere T-Mobile is workin on to be here 9011 99.999 okay this is rumor okay T-Mobile USA Is always be here okay T-Mobile USA Okay T-Mobile USA Will always be here And Get Strong In Business Name T-Mobile be here in brand in business 99,999 we need cellphones and more 4G network T-Mobile be here 99,999 deutsche telekom owns T-Mobile Okay They need to work out phones and Serivces and T-Mobile 4G Okay this important They need to be in business 99,999
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I support my company T-Mobile. We are 40,000 + man team and every customer is the base of what we are. It is the experience. From a question about your device or a helpful hint to save money or time* – That’s the difference between the big kids on the playground and the kid who stays scrappy. P.S. this is a great site !
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hey houston, tmo (is not(if not leading))
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Here, by the way, is an article verifying Sprint’s poor fortunes. They have, apparently, improved since this article came out, but I wouldn’t say they’re out of the woods yet. They are, however, spending a lot on advertising.
news.cnet.com/8301-10784_3-9941571-7.html
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A mysterious outfit from seemingly nowhere makes a prediction that a large (if not leading) American telecom could be gone by 2011?
Heck, I could do that. Anyone can make predictions.
Before I make my comments, let me state that I’ve been a T-Mobile customer for over five years. I’ve been pleased with them. T-Mobile was the very first carrier to have the Android platform. Verizon didn’t show up at the party for some time, and by then T-Mobile had three Android model phones.
Verizon only recently has become more competitive for two reasons. First, the Droid has been a huge success. Second, Verizon has had to cut their prices to compete with the likes of T-Mobile. I left Verizon because previously – before the current smartphone craze – they were charging $59 for a data plan, and that was on top of any other calling plan you had. T-Mobile’s was a very thrifty $20 by comparison and that’s what sold me on them.
In addition, I think T-Mobile’s persona contact – their customer service – is better than that of Verizon or (most certainly) Sprint. An article that I read, published last year, said that Sprint was hemorraghing about a million customers a quarter. That is not insignificant. If Sprint CEO Dan Hesse has managed to turn Sprint around on all levels, that’s a feather in his cap.
AT&T may continue at the top of the heap, but it’s only because of the iPhone. If AT&T didn’t have the iPhone, I would imagine they would be third or even beneath T-Mobile in terms of subscribers. And I have heard at least one rumor that a Verizon iPhone will be out “in January 2011″.
I wouldn’t buy the hype that T-Mobile’s going anywhere. They just introduced a couple of new model phones – the myTouch Slide being one of them – and their pricing has forced their competitors to bring down their prices. Those are not the marks of a company that’s on the verge of collapse.
T-Mobile may be smaller, but they’re still a successful telecom. They’re only a “failure” to the greediest of investors.
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I agree Kevin. I have been with T-Mobile for almost 7 years. Best employer I’ve ever had. I also must mention our network. We have a top notch network that rivals that of verizon. The only difference between us and verizon is we don’t spend billions of dollars advertising it. We would rather provide affordable plans for our customers then be in their face year after year telling them what a great network we have….
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Good God I hope not… I have been wtih them for 10 years & they have been A+ with service & support, not to mention very affordable data plans.
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