December 6, 2012
Apple (NASDAQ: AAPL ) has a new suitor. At its Capital Markets Day in Bonn, Germany, T-Mobile USA parent company Deutsche Telekom announced that T-Mobile will finally carry Apple products starting in 2013.
While the press release wasn't specific as to exactly what products it was referring to -- whether it would be the iPhone, iPad, or something else -- it's a crucial step for T-Mobile, which has found itself as the only major telecom company in the U.S. without Apple support. AT&T (NYSE: T ) became the first Apple carrier back in 2007 with the iPhone's launch, and Apple signed deals with Verizon (NYSE: VZ ) and Sprint (NYSE: S ) last year.
Deutsche Telekom's Chairman of the Board of Management, René Obermann, announced the agreement as part of a much larger statement, saying, "...we have now added the final piece to the jigsaw to boost the competitiveness of T-Mobile USA sustainably."
A number of other news points were released from the company, including a plan to invest $4 billion in optimizing its U.S. LTE network. Deutsche plans capital expenditure of $4.7 billion next year in the U.S., with $3 billion in 2014 and 2015.
Apple's stock has gained slightly on the day, pushed more by yesterday's dramatic drop than the T-Mobile news, in gaining half a percent.
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