According to the report, the German Telecom CEO TIMOTHEUS Höttges confirmed that the company prepared some partial controlling rights of the T-Mobile US. At the same time, he also developed a ambitious goal for the US business development of this German company. "We will become the first in the United States."
Specifically, some reports said Timotheus Höttges said that German telecom is negotiating, and the proposal of Software Silver in the T-Mobile US is in some equity, the transaction value may be as high as 20 billion US dollars. By investing in Sprint in 2012, soft silver has a T-Mobile 23% shares. T-Mobile completed the merger with Sprint in April this year.
Reporting, Softbank confirmed last week that the company is considering selling its T-Mobile equity as part of the $ 41 billion asset stripping program to address new crown epidemic on its business. It is understood that Softbank may sell the T-Mobile US high-proclaimed shares.
According to Reuters, Timotheus Höttges said at the German Telecom Year Assembly on Friday, according to the four-year shareholder agreement, German telecommunications has a priority purchase.
"We believe that Germany Telecom will purchase a published stock for at least 7% of soft silver, so that the company has more than 50% of T-Mobile's shareholding, and sells the remaining part to the public," New Street Research's Wall Street analyst is giving The latest report of investors said. Germany Telecom currently holds a T-Mobile US 43% shares.
Other analysts also believe that German telecom will acquire T-Mobile's control.
Wall Street analysts in Wells Fargo wrote in a report of investors: "We believe that this news is more pushed by factors surrounded by Softbank, not T-Mobile Some potential problems affect. T-Mobile is still the main growth power of the German telecommunications asset portfolio. "
From the worst to the first
However, more interesting is that Timotheus Höttges plans to surpass Verizon and AT & T in the US market. Considering that the T-Mobile is ranked second in the second place in the post-pay market share and the challenge is very huge. According to Cowen's Wall Street Analyst, Verizon pays a 41.1% share of the pay customer market after the United States, while the share of T-Mobile and Sprint merge is 29.2%, and AT & T is ranked third, with a share of 28%.
It is also worth noting that if T-Mobile is sold as scheduled to the DISH NETWORK's transaction, the T-Mobile's prepaid business may significantly shrink the T-Mobile's prepaid service. The "Metro By T-Mobile" prepaid business of T-Mobile itself has been affected by the overall growth rate of the prepaid industry.
But Wall Street analysts generally optimistic about the overall opportunities of T-Mobile in the US market, because T-Mobile is invested in a large number of 2.5GHz in the frequency band spectrum in 5G market.
The Fusan Bank analyst said: "Considering the combination with Sprint's consolidated asset, we believe that T-Mobile will have a leading advantage than the peers in 5G."
"We expect that under the promotion of income growth and synergies, the company will grow at a speed of high digits in the next five years. We expect that the company's capital expenditure is quite stable, so free cash flows to the end of the forecast period The average growth rate will exceed 40%, which allows us to see the expected phases of AT & T and Verizon. "New Street Research analyzers added.
Indeed, T-Mobile has just said last week that the company is expected to increase 800,000 -9 million customers in the current quarter, far higher than the estimated value of 0-150,000 before the operator. For a long time, T-Mobile has always dominated the amount of net incremental amount after the quarter. Taking into account less than 10 years ago, T-Mobile is still ranked fourth in the US market, and is the main US main operator that enables 4G networks. This performance is impressive.
Figure: T-Mobile often leads to the US industry in the overall quarter customer growth.
Responsible Editor: PJ, Reading
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