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German press: http://www.sueddeutsche.de/wirtschaft/verkauf-von-t-mobile-usa-an-att-telekom-raeumt-ron-sommers-milliarden-fiasko-auf-1.1074783 http://www.suedde

by ugh 16y ago

German press: http://www.sueddeutsche.de/wirtschaft/verkauf-von-t-mobile-usa-an-att-telekom-raeumt-ron-sommers-milliarden-fiasko-auf-1.1074783 http://www.sueddeutsche.de/wirtschaft/verkauf-von-t-mobile-u... Edit: So, I checked where that 51 billion is coming from. The German T-Mobile International article quotes 39.4 billion Euro and references the 2001 annual report, page 131. Here it is (2.4MB PDF monstrosity and German): http://www.download-telekom.de/dt/StaticPage/47/29/gb_d_komplett.pdf_47298.pdf http://www.download-telekom.de/dt/StaticPage/47/29/gb_d_komp... The relevant passage (German): „Am 31. Mai 2001 erwarb die Deutsche Telekom je 100 % an der VoiceStream Wireless Corporation, Bellevue, und der Powertel Inc., Bellevue, zu einem Gesamtkaufpreis von 39,4 Mrd. € inklusive einer Cash-Komponente von 4,9 Mrd. € und einer von der Deutschen Telekom bereits im September 2000 getätigten Investition in Vorzugsaktien von VoiceStream in Höhe von 5,6 Mrd. €.“ That passage basically says that they bought 100 percent of VoiceStream and Powertel for together 39.4 billion Euro. Well, we are still no closer to finding out what caused the discrepancy — maybe the Wikipedia article is simply wrong?

jarek 16y ago
Intriguing - googling around I also saw the $51B number mentioned in http://www.networkworld.com/news/2011/032011-att-tmobile-acquisition-pundits.html http://www.networkworld.com/news/2011/032011-att-tmobile-acq..., and in contemporary articles http://www.photonics.com/Article.aspx?AID=6715 http://www.photonics.com/Article.aspx?AID=6715 and http://www.economist.com/node/449273 http://www.economist.com/node/449273 - but interestingly both appear to be written before the deal closed. On the other hand Wikipedia offers no citations for the $24B number. This is a massive discrepancy - wonder where it's coming from... edit: the $24B figure was introduced into Wikipedia in July 2007: http://en.wikipedia.org/w/index.php?title=T-Mobile_USA&diff=next&oldid=16343073 http://en.wikipedia.org/w/index.php?title=T-Mobile_USA&d... and not challenged since. On the other hand the main T-Mobile article gives a $50.7B figure with a citation. I [citation needed]-ed the $24B claim, let's see where it goes.

by ugh 16y ago

jarek 16y ago

Intriguing - googling around I also saw the $51B number mentioned in http://www.networkworld.com/news/2011/032011-att-tmobile-acquisition-pundits.html http://www.networkworld.com/news/2011/032011-att-tmobile-acq..., and in contemporary articles http://www.photonics.com/Article.aspx?AID=6715 http://www.photonics.com/Article.aspx?AID=6715 and http://www.economist.com/node/449273 http://www.economist.com/node/449273 - but interestingly both appear to be written before the deal closed. On the other hand Wikipedia offers no citations for the $24B number. This is a massive discrepancy - wonder where it's coming from... edit: the $24B figure was introduced into Wikipedia in July 2007: http://en.wikipedia.org/w/index.php?title=T-Mobile_USA&diff=next&oldid=16343073 http://en.wikipedia.org/w/index.php?title=T-Mobile_USA&d... and not challenged since. On the other hand the main T-Mobile article gives a $50.7B figure with a citation. I [citation needed]-ed the $24B claim, let's see where it goes.