Deutsche Telekom loses lawsuit over all-you-can-watch video product [Reuters]
T-Mobile US, Inc. (TMUS)
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Source: Reuters
Deutsche Telekom loses lawsuit over all-you-can-watch video product - Reuters 2 Min Read FRANKFURT (Reuters) - Deutsche Telekom has lost a legal battle to continue offering an all-you-can-watch mobile video product after a court sided with the German regulator, saying it violated European rules on roaming and network neutrality. The appeals court in Muenster ruled that Deutsche Telekom's StreamOn product could no longer be offered in its current form, confirming a lower court decision in favor of restrictions imposed here by the Federal Network Agency (BNetzA) in December 2017. Deutsche Telekom, Europe’s largest telco, had sought to emulate the success of its T-Mobile US business, which won market share in the United States by offering Netflix “on us”. StreamOn has attracted 2 million users. The Higher Administrative Court in Muenster ruled that StreamOn violated the European Union’s “roam-like-at-home” rule by only offering free data for video streaming to viewers when they were in G
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- T-Mobile US, Inc. (NASDAQ: TMUS) had its price target raised by analysts at KeyCorp from $175.00 to $185.00. They now have an "overweight" rating on the stock.MarketBeat
- T-Mobile (TMUS) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
TMUS
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