T-Mo Stands Alone
Deutsche Telekom, the majority owner of T-Mobile, has lost two suitors this year but believes T-Mobile can sustain itself as a standalone business, according to Deutsche CEO Timotheus Höttges, Bloomberg reported. “We are looking into the options, but nevertheless we have an independent, self-funding future for our activities in the U.S.,” Hoettges said in an interview in Hamburg. “It is a great business, it is a great perspective, and we could have a lot of potential to realize in the future.” However, the wireless carrier will require billions of dollars in investments in network quality and customer acquisition in the coming years to keep pace with the three other major U.S. carriers. But selling T-Mobile would eliminate a third of Deutsche Telekom’s revenue and cut off its only growing unit.
Standing Rock Telecom Selects NewCore Wireless for Network Expansion
NewCore Wireless is the leading full-service hosted wireless switching provider in St. Cloud, Minnesota, and has recently been selected by Standing Rock Telecom to provide turnkey services for their 3G and 4G/LTE network expansion, which will serve the tribal area. Standing Rock Telecom, a division of Rock Wireless, is the first tribally-owned telecommunications company in the nation. Before Rock Wireless began offering service in April 2010, wireless coverage across the reservation was very poor, leaving more than half of the residents without access to wireless service.
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Kalamazoo Cell Tower Leases Possibly for Sale
The Kalamazoo City Commission in Michigan is considering selling the revenue from several cell tower lease contracts for $4.65 million. The city has received two proposals: one from Crown Castle who would allow the city to city to sell the revenue from 14 cell tower lease contracts for 50 years, ending after 2064, in exchange for a lump-sum payment of $3.9 million. A separate proposal from SBA Assets would allow the city to sell the revenue from two other cell tower lease contracts for a period ending after 2028 for a lump-sum payment of $720,000.
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