The big new yesterday in the TMT world was T-Mobile's plans for 2013 which centered around a significant network upgrade, the end of subsidized handsets and the addition of Apple mobile products into the T-Mobile line-up. T-Mobile's dropping of the subsidy was the biggest piece of the news for me as it could be the move that gets all US carriers to shift to an unsubsidized handset model. And given the importance of the US market to the profits of Apple and other handset manufacturers, this is a big piece of news.
Let me start with the T-Mobile specific news and move to what the handset subsidies mean afterwards. T-Mobile USA, a subsidiary of the German legacy national telecommuications giant Deutsche Telekom, is the smallest of the big four US carriers and one of only two US telecoms that...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.