M&A Deal Summary

T-Mobile US Acquires Powertel

On May 31, 2001, T-Mobile US acquired communications company Powertel

Acquisition Highlights
  • This is T-Mobile US’s 3rd transaction in the Communications sector.
  • This is T-Mobile US’s 3rd transaction in the United States.
  • This is T-Mobile US’s 1st transaction in Georgia.

M&A Deal Summary
Date 2001-05-31
Target Powertel
Sector Communications
Buyer(s) T-Mobile US
Deal Type Add-on Acquisition

Target

Powertel

West Point, Georgia, United States
Powertel, Inc. provides digital wireless personal communications services (PCS) in the southeastern United States under the name Powertel.

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Buyer(S) 1

Buyer

T-Mobile US

Bellevue, Washington, United States
Category Company
Founded 1944
Sector Communications
Employees67,000
Revenue 78.6B USD (2023)
DESCRIPTION
T-Mobile office in Parsippany, New Jersey.
T-Mobile office in Parsippany, New Jersey.

T-Mobile US is a provider of wireless communications services, including voice, messaging and data to customers in the postpaid, prepaid, and wholesale markets. T-Mobile USA provides services, devices and accessories across its brands, T-Mobile and MetroPCS, through Company owned and operated retail stores, third party distributors and its websites. T-Mobile US was founded in 1994 and is based in Bellevue, Washington.

DEAL STATS #
Overall 4 of 12
Sector (Communications) 3 of 9
Type (Add-on Acquisition) 4 of 9
State (Georgia) 1 of 1
Country (United States) 3 of 11
Year (2001) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-01 Sol Communications

Albuquerque, New Mexico, United States

Sol Communications was a wireless company that provided PCS services in South Texas and operates as a joint venture with VoiceStream.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 Niedermeyer

Vienna, Austria

Niedermeyer is an electronics retail chain founded in 1957. After several years of restructuring, reorganization and change of ownership since the end of 2009, the company is at a new start.

Sell -
Mergr

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