T-Mobile maybe on the verge of Extinction

[Wendy]

T-Mobile, the U.S. wireless provider, is owned by telecom giant Deutsche Telekom (DTEGY.PK - News). It is the No.4 cellular company in an American market that only supports two really successful firms -- AT&T Wireless and Verizon Wireless. Even the third-largest company in the market -- Sprint-Nextel (NYSE: S - News) -- has 50 million customers. T-Mobile had 34 million customers at the end of last year.


T-Mobile only had a profit of $306 million in 2009. That was down from $483 million in 2008. T-Mobile not only faces three larger competitors, it also has to begin to offer 4G service to compete with Sprint's new WiMax service and LTE-based products from AT&T (NYSE: T - News) and Verizon (NYSE: VZ - News).

<span style="color: #3333FF">T-Mobile may seek a partner to offer a 4G network, but there are no super-fast broadband networks likely to be finished before its three rivals offer the service. As it now stands, T-Mobile has no future in the U.S. </span>. A merger with Sprint-Nextel has been mentioned several times. The combined company would have a customer base about the same size as AT&amp;T or Verizon.

[Wendy]

Re: T-Mobile maybe on the verge of Extinction

Other companies that are about to Kick the bucket:


<ul style="list-style-type: disc">[*]Blockbuster (Taking it’s last Breath)[*]RadioShack (on Life support)[*]Zale Corp[*]Kia Motors Corp[/list]
Read more here

[j-kid]

Re: T-Mobile maybe on the verge of Extinction

But ah noh everybaddi waa 4G. Dem should concentrate fi mow on providing affordable cost fi people like Seniors, di poor, immigrant workers, people pan fixed, college, and High schooners wid not much dollars. Goh after dat market an boost dem membership an revenue.

[Wendy]

Re: T-Mobile maybe on the verge of Extinction

J_Kid …funny you would say that. I was in VZ store doing business and this lady was raising hell with the REP that she wanted to upgrade her phone but did not want to buy the Data package because she doesn’t FB nor Twitter and was livid that VZ was forcing her into a Data package for the phone she wanted.

They kept saying to her there were options for non smart phones but she shrugged off the measly number of phones in that category. She wanted a touch screen and only smart phones are touch screens. This lady wasn’t old either (like in her 30s).

Like yuh sey instead a T-mobile a try be like everybady else they could differentiate their product by tapping into that market. I absolutely prefer their GSM network that they use.. but left them for the frequent drop calls. Kinda remind me of the tendency of people in general to want to keep up with others and don’t have the means instead of making an effort to stand out. You are right on point.

As for Blockbocster - I doan know how they never saw their demise coming. They didn't even make an attempt to shift business strategy