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Cornelius Rahn

Deutsche Telekom has recouped its investment in Bellevue-based T-Mobile US, with an increase of the unit’s value compensating for a 7.4 billion-euro ($10 billion) writedown in 2012, according to the German company’s CEO.

Timotheus Hoettges made the assessment as Deutsche Telekom once again studies selling its holding in the fourth-largest U.S. carrier.

Since a failed disposal of the business to AT&T in 2011 for $39 billion, Deutsche Telekom has made T-Mobile the country’s fastest-growing wireless provider by merging it with MetroPCS Communications, expanding its network and introducing cheaper and more flexible plans.

“We already have increased the value to what it was at the sale,” Hoettges said Jan. 19. “That means with 67 percent of a company that’s worth $42 billion, we’re already back at the value of the AT&T deal.” read more »


T-Mobile US has agreed to buy airwaves from Verizon Wireless for about $2.4 billion in cash as part of a spectrum swap that will give both companies more network capacity in areas where they need it.

T-Mobile, based in Bellevue and the fourth-largest U.S. wireless carrier, will purchase 700-megahertz, A-block spectrum licenses from Verizon, according to a statement.

As part of the exchange announced Jan. 6, Verizon, the largest U.S. wireless carrier, will get so-called AWS and PCS licenses, which have a combined value of about $950 million.

The deal will provide T-Mobile with a big swath of low-band frequencies — a type of spectrum that Chief Operating Officer Jim Alling has said are the missing piece of its network coverage. read more »

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