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Deutsche Telekom: Downwardly Mobile in the U.S.

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T-Mobile USA lost 1.65 million contract customers in 2011 and is clearly negatively impacted by the merger plans. The $3 billion impairment in the value of T-Mobile outweighs the breakup fee received. The $4 billion investment for LTE upgrading will occur in 2013 and additional customers will be lost by then. This puts Verizon and AT&T ahead.

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