Archive for September, 2007

T-Mobile Makes a Move

Tuesday, September 11th, 2007

T-Mobile USA  plans to acquire cellular company SunCom Wireless Holdings for US$1.6 billion in cash and assume SunCom’s net debt of $800 million, the companies announced Monday.
The acquisition will extend T-Mobile’s network coverage in the southeastern United States and the Caribbean through the addition of SunCom’s roughly 1.1 million customers in North Carolina, South Carolina, […]