After hearing about the breathtaking figure of worldwide cellphone subscriptions just a couple of weeks back, we now have some new numbers shedding light on the telecommunication companies that are leading this “mobile phone revolution”.
With Softbank having confirmed the $20.1 billion Sprint acquisition earlier today, there doesn’t seem to be anything standing in the way of the T-Mobile/MetroPCS love affair.
After a very short time talking, Deutsche Telekom and MetroPCS have made a deal. Deutsche Telekom will pay MetroPCS $1.5 billion dollars and the 6th biggest cell carrier will merge with T-Mobile. For now, the companies plan to remain separate entities and manage their different user bases under their current names. The deal is expected to be finalized in early 2013.
Reports have it that Deutsche Telekom is planning to acquire super-regional carrier MetroPCS. While Deutsche Telekom’s planned sell-off of its T-Mobile subsidiary to AT&T last year did not push through, will the company succeed in merging T-Mobile with MetroPCS?
Mastercard was one of the first in the financial world to adopt mobile payments, and they were the first credit card company to embrace Google Wallet (Visa support came a few months later). So it’s obvious they are serious about leading this market, because they think this is the future. But they may want something more than just partnering with their competitors and to make it universal for all users. They want control of the market (versus their competitors), as do many carriers, who also want to get involved in this market because they think the potential for huge revenues…