T-Mobile USA Deal Shows $13 Billion Value Drop Since AT&T
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Deutsche Telekom AG’s agreement to combine T-Mobile USA with MetroPCS Communications Inc. reveals how the value of its unit may have dropped by $13 billion amid client losses following a failed sale to AT&T Inc. last year.
T-Mobile USA is worth about $26 billion including debt, based on MetroPCS’s share price and analyst estimates. Deutsche Telekom, Germany’s biggest phone company, last year dropped a plan to sell the mobile carrier to AT&T for $39 billion after opposition by regulators. T-Mobile USA has lost about 7.6 percent of its subscriber base since that attempt.