Boston, MA 09/04/2014 (wallstreetpr) – T-Mobile US Inc (NYSE:TMUS) and Sony Corp (ADR) (NYSE:SNE) entered a deal that could see the former carry Xperia Z3 exclusively in the U.S. The new Smartphone from Sony is expected to launch in the fall. No pricing details about the phone have been issued.
Gorgeous Phone
Xperia Z3 boasts 5.2-inch 1080p display, and it is also a dustproof device as it is waterproof. Sony is expected to release a smaller version of the phone that will likely come as Z3 Compact and feature 4.6-inch 720p display. The device also boasts a longer battery-life than its sibling by the name Xperia Z2. According to Sony Corp (ADR) (NYSE:SNE), Xperia Z3 gives up to two full days of battery-life. The phone also boasts many other features such as enhanced camera capabilities and doubling up as a remote screen for PlayStation 4. These features are important as they are likely to boost sales and even add more subscribers to T-Mobile’s network.
T-Mobile US Inc (NYSE:TMUS) has been seeking to increase its mobile subscriber numbers, and the exclusive offering of Xperia Z3 could bolster such efforts. In the last quarter report, T-Mobile added a bigger number of wireless subscribers than its rivals. That gain was achieved through strategies such as competitive pricing that the company has been using to attract subscribers from the rival networks.
Acquisition Target
Even as T-Mobile US Inc (NYSE:TMUS) enters device deals like the latest one with Sony Corp (ADR) (NYSE:SNE) for Xperia Z3 offering in the U.S., the company is being targeted for takeover. French telecom firm, Iliad, recently approached the company with $15 billion to acquire a controlling stake T-Mobile. There have also been reports that SoftBank, which owns 80% stake in Sprint Corporation (NYSE:S), is still interested in acquiring T-Mobile. Sprint recently withdrew from pursuing T-Mobile US Inc (NYSE:TMUS) over fears that the deal may not get regulatory approval in an environment where regulators prefer to have four major players at the top.
