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T-Mobile US
T-Mobile US, Inc. is an American wireless network operator headquartered in Bellevue, Washington. Its majority shareholder and namesake is the German telecommunications company Deutsche Telekom. T-Mobile is the second largest wireless carrier in the United States, with 131 million subscribers as of March 31, 2025. The company was founded in 1994 by John W. Stanton of the Western Wireless Corporation as VoiceStream Wireless. Deutsche Telekom then gained plurality ownership in 2001 and renamed it after its global T-Mobile brand. , the German company holds a 51.4% stake in the company. T-Mobile US operates two main brands: T-Mobile and Metro by T-Mobile (acquired in a 2013 reverse takeover of MetroPCS that also led to T-Mobile's listing on the NASDAQ). In 2020, T-Mobile expanded through the acquisition of Sprint, which also made T-Mobile the operator of Assurance Wireless, a service subsidized by the federal Lifeline program. The company's growth continued in 2024 wit ...
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Bellevue, Washington
Bellevue ( ) is a city in the Eastside (King County, Washington), Eastside region of King County, Washington, United States, located across Lake Washington from Seattle. It is the third-largest city in the Seattle metropolitan area, and the fifth-largest city in Washington (state), Washington. It has variously been characterized as a satellite city, a suburb, a boomburb, or an edge city. The population was 151,854 at the 2020 United States census, 2020 census. The city's name is derived from the French term ("beautiful view"). Bellevue is home to some of the world's largest technology companies. Before and after the 2008 recession, its downtown area has been undergoing rapid change with many high-rise projects being constructed. Downtown Bellevue is currently the second-largest city center in Washington state, with 1,300 businesses, 45,000 employees, and 10,200 residents. In a 2018 estimate, the city's median household income was among the top five cities in the state of Wash ...
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Cellular Network
A cellular network or mobile network is a telecommunications network where the link to and from end nodes is wireless network, wireless and the network is distributed over land areas called ''cells'', each served by at least one fixed-location transceiver (such as a base station). These base stations provide the cell with the network coverage which can be used for transmission of voice, data, and other types of content via radio waves. Each cell's coverage area is determined by factors such as the power of the transceiver, the terrain, and the frequency band being used. A cell typically uses a different set of frequencies from neighboring cells, to avoid interference and provide guaranteed service quality within each cell. When joined together, these cells provide radio coverage over a wide geographic area. This enables numerous Mobile device, devices, including mobile phones, Tablet computer, tablets, laptops equipped with mobile broadband modems, and Wearable technology, wea ...
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The Seattle Times
''The Seattle Times'' is an American daily newspaper based in Seattle, Washington. Founded in 1891, ''The Seattle Times'' has the largest circulation of any newspaper in the state of Washington and the Pacific Northwest region. The Seattle Times Company, which owns and publishes the paper, is mostly owned by the Blethen family, which holds 50.5% of the company; the other 49.5% is owned by the McClatchy Company. The Blethen family has owned and operated the newspaper since 1896. ''The Seattle Times'' had a longstanding rivalry with the '' Seattle Post-Intelligencer'' until the latter ceased print publication in 2009. ''The Seattle Times'' has received 11 Pulitzer Prizes and is widely renowned for its investigative journalism. History ''The Seattle Times'' originated as the ''Seattle Press-Times'', a four-page newspaper founded in 1891 with a daily circulation of 3,500, which Maine teacher and attorney Alden J. Blethen bought in 1896. Renamed the ''Seattle Daily Times'', it ...
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The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ...
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Seattle Post-Intelligencer
The ''Seattle Post-Intelligencer'' (popularly known as the ''Seattle P-I'', the ''Post-Intelligencer'', or simply the ''P-I'') is an online newspaper and former print newspaper based in Seattle, Washington (state), Washington, United States. The newspaper was founded in 1863 as the weekly ''Seattle Gazette'', and was later published daily in broadsheet format. It was long one of the city's two daily newspapers, along with ''The Seattle Times'', until it became an online-only publication on March 18, 2009. History J.R. Watson founded the ''Seattle Gazette'', Seattle's first newspaper, on December 10, 1863. The paper failed after a few years and was renamed the ''Weekly Intelligencer'' in 1867 by new owner Sam Maxwell. In 1878, after publishing the ''Intelligencer'' as a morning daily, printer Thaddeus Hanford bought the ''Daily Intelligencer'' for $8,000. Hanford also acquired Beriah Brown's daily ''Puget Sound Dispatch'' and the weekly ''Pacific Tribune'' and folded both pap ...
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Deutsche Telekom AG
Deutsche Telekom AG (, ; often just Telekom, DTAG or DT; stylised as ·T·) is a partially state-owned German telecommunications company headquartered in Bonn and the largest telecommunications provider in Europe by revenue. It was formed in 1995 when , a state monopoly at the time, was privatized and broken up. Since then, Deutsche Telekom has consistently featured among ''Fortune'' ''Magazine'''s top Global 500 companies by revenue, with its ranking at number 79. In 2023, the company was ranked 41st in the Forbes Global 2000. The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile. It is the world's fifth-largest telecommunications company and biggest in Europe by revenue. , the German government held a direct 14.5% stake in company stock and another 17.4% through the government bank KfW. On 4th June 2024, the German government reduced its total shareholding to 27.8%. The company is a component of the EURO STOXX 50 stock mar ...
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Mobile Virtual Network Operators
A mobile virtual network operator (MVNO) is a wireless communications services provider that does not own the wireless network infrastructure over which it provides services to its customers. An MVNO enters into a business agreement with a mobile network operator (MNO) to obtain bulk access to network services at wholesale rates, then sets retail prices independently. An MVNO may use its own customer service, billing support systems, marketing, and sales personnel, or it could employ the services of a mobile virtual network enabler (MVNE). History MVNO agreements with network operators date back to the 1990s, when the European and Australian telecom markets saw market liberalization, new regulatory frameworks, better 2G network technology, and a subsequent jump in wireless subscriber numbers. Though the new 2G networks more efficiently managed the limited frequency bands allocated to wireless service, new mobile entrants were still limited by their ability to access frequency ...
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Lifeline Program
The Universal Service Fund (USF) is a system of telecommunications subsidies and fees managed by the United States Federal Communications Commission (FCC) to promote Universal service, universal access to telecommunications services in the United States. The FCC established the fund in 1997 in compliance with the Telecommunications Act of 1996. Originally designed to subsidize telephone service, since 2011 the fund has expanded its goals to supporting broadband universal service. The Universal Service Fund's budget ranges from $5–8 billion per year depending on the needs of the telecommunications providers. These needs include the cost to maintain the hardware needed for their services and the services themselves. In 2022 disbursements totaled $7.4 billion, split across the USF's four main programs: $2.1 billion for the E-rate program, $4.2 billion for the high-cost program, $0.6 billion for the Lifeline (FCC program), Lifeline program, and $0.5 billion for the rural health care p ...
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Merger Of Sprint Corporation And T-Mobile US
Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. After a two-year-long approval process the merger was closed on April 1, 2020, with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020. Preliminary discussions and announcement Sprint targeting T-Mobile US In December 2013, multiple reports indicated that Sprint Corporation and its parent company, SoftBank, were working towards a deal to acquire a majority stake in T-Mobile US for at least US$20 billion. The proposed merger would have further bolstered T-Mobile's position in the overall market and resulted in the country's major national carriers being controlled by only three companies. Members of the government were skeptical that such an acquisition would be approved by regulators, citing antitrust concerns and an explicit goal by FCC chairman Tom Wheeler to maintain four national carriers i ...
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Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of a private company purchase control of a public shell company/ SPAC, and then merge it with the private company. The publicly traded corporation is called a "shell," since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, negot ...
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T-Mobile (brand)
T-Mobile is the brand name used by some of the mobile communications subsidiaries of the German telecommunications company Deutsche Telekom AG in the Czech Republic (T-Mobile Czech Republic), Poland ( T-Mobile Polska) and the United States (T-Mobile US). The T-Mobile brand was introduced in 1996 and the name was previously used by subsidiaries in other countries, including Austria (now Magenta), Croatia (now Hrvatski Telekom), Germany (now Deutsche Telekom), Hungary (now Magyar Telekom), Montenegro (now Crnogorski Telekom), the Netherlands (now Odido), North Macedonia (now Makedonski Telekom), Slovakia (now Slovak Telekom), and the United Kingdom (now EE). In 1999, Deutsche Telekom formed the holding company T-Mobile International AG for its mobile communications subsidiaries. From 2003 to 2007, T-Mobile International was one of Deutsche Telekom's services, in addition to "Broadband/Fixnet", "Business Customers" and "Group HQ and Shared Services". In 2009, Deutsche Telekom tr ...
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