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Alex Street

PE Firm Plans Open LTE Network to Challenge AT&T and Verizon « - 0 views

  • ambitious plan by Harbinger Capital Partners relies on deploying a Long Term Evolution network over spectrum owned by a few satellite companies
  • eate an open wholesale wireless network available to retail companies,
  • AT&T and Verizon could not buy up huge chunks of the network or spectrum to keep others off of it.
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  • 6,000 base stations that Harbinger plans to use, along with the tower sites, backhaul and other gear associated with a terrestrial network will require billions of dollars.
Alex Street

FT.com / Telecoms - Deutsche Telekom looks to fund for US push - 0 views

  • Harbinger is not planning to provide services to consumers, but instead wants to strike wholesale deals with established mobile operators and potential new entrants in the telecoms industry
  • t started reporting falling revenue and profit last year
  • inability to capitalise on the growing consumer appetite to
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  • e fourth-largest US mobile operator was two years behind its rivals with the roll-out of a network based on 3G technology
  • fter buying radio spectrum, T-Mobile USA finally built a 3G network that covered 205m people by last December, and this year began offering industry-leading download speeds.
Alex Street

Deutsche Telecom plots partnership with Harbinger | Telecoms Europe - 0 views

  • Deutsche Telekom is mulling a partnership with US hedge fund Harbinger Capital
  • T-Mobile USA has been losing profit as it struggles to keep up with soaring demand for mobile data services. The company was two years behind its major competitors with a 3G network. But its 3G network now covers 205 million people and boasts industry-leading speeds.
  • Harbinger has not yet secured funding for the project, which aims to offer services to 9 million users at launch and 145 million in all major market by 2013.
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