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Investing

Deutsche Telekom (DT) Likes Its US Cell Operation

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By Douglas A. McIntyre Published
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Deutsche Telekom (DT) sees no reason for dumping its US operation, T-Mobile. After a push by investors in Vodafone (VOD) to sell its piece of Verizon Wireless, they may want to look again.

DT believes that cellular operation, which has 26 million subscribers and revenue of $4.7 billion in the last quarter can continue to grow rapidly. According to The Associated Press: "T-Mobile USA aims to add another 5 million subscribers by the start of 2008". SInce the US market is not growing at that rate of nearly 20%, T-Mobile must believe that it can take market share from Sprint (S), Verizon Wireless, or AT&T (T). Since T-Mobile is running a distant fourth to the others, that would be a neat trick.

For the Big Three, it could also be an unpleasant surprise.

Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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