Deutsche Telekom U.S. mobile division, T-Mobile USA, discussed the future for the company in the coming months and years and said there are no mergers planned in their future. They plan on growing the business and concentrating on what the future has to offer.
After adding a million new customers to its rosters in each of the first two quarters of 2005, T-Mobile USA head Robert Dotson expects to maintain that level of growth and said T-Mobile aims to see over 20 million customers up from the current ranks of 18.3 million.
“We are a growth machine,” he said. “We must grow, grow, grow.”
Right now the U.S. division of T-Mobile is 4th in the food chain of mobile telecom companies behind Cingular, which recently picked up AT&T wireless, Verizon hooked up with Vodaphone and Sprint added Nextel. Dotson told reporters they planned not to consolidate as all the others have in recent years.
Next in the Chute: Look Out Dick Tracy
T-Mobile also announce they plan to dump 2.2 billion Euros into the mix to help strengthen and expand its network in the U.S. It wants to fortify its U.S. holdings instead of buying its way into regional markets.
Also T-Mobile is gearing up for it’s 3rd generation of mobile products in the second half of next year with the products available for use by the beginning of 2007. This next generation will allow video and music downloads and will force T-Mobile International to begin looking at additional spectrum for its products.
The futuristic offerings will add the peer-to-peer connection mobile phone manufacturers have been touting as the future of the market. According to Reuters, operators in Europe have already spent over 100 billion in the expanding the spectrum although since the U.S. market shrank from 6 to 4 companies, spectrum costs should be a bit lower.
No word on where Catherine Zeta Jones fits into this.
John Stith is a staff writer for Murdok covering technology and business.
