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Home > Company Index > Telecommunications > Wireless Communications Services > VoiceStream Wireless Corporation

VoiceStream Wireless Corporation
 NEWS FROM THE STANDARD
UBS Warburg to Fund NextWave
Aug 21 2001 10:18 AM PDT

VoiceStream Losses Double
Aug 15 2001 10:04 AM PDT

Deutsche Giants Clash
Aug 10 2001 08:18 AM PDT

NextWave May Unveil Billions in Financing
Aug 05 2001 02:10 PM PDT

It's All About Location
Aug 02 2001 01:51 PM PDT

 PROFILE
Mobile phone operator VoiceStream Wireless, a subsidiary of Deutsche Telekom's T-Mobile International, is flowing into new markets. VoiceStream provides digital PCS to about 5.4 million customers on its GSM (global system for mobile communications) networks. Its licenses cover more than 95% of the US population. When Deutsche Telekom acquired VoiceStream in 2001, it also bought another GSM operator, Powertel, thus allowing VoiceStream to expand into the southeastern US. In addition, VoiceStream customers will be able to use Deutsche Telekom's extensive GSM networks in Europe. VoiceStream, which expanded with the acquisitions of Omnipoint and Aerial Communications in 2000, was spun off from Western Wireless in 1999.

 COMPETITION
AT&T Wireless (AWE)
Sprint PCS Group (PCS)
Verizon Wireless Inc. (dossier)

 DEALS
Deal: Deutsche Telekom Grabs VoiceStream
Date Announced: 05.31.01
Value of transaction (US $Mil): Not Disclosed
Description: Deutsche Telekom completes its acquisition of wireless telecom provider VoiceStream.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,922.70
1-Yr. Sales Growth: 304.4%
Employees: 12,565
Revenue per employee: $153,020.29

 KEY PEOPLE
• John W. Stanton
    CEO
• Cregg B. Baumbaugh
    CFO

 CONTACT INFO
12920 38th St. S.E.
Bellevue, WA 98006
US
Phone: 425-378-4000
Fax: 425-378-4040
Online: Web Site

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