Apple to Sell Products Through T-Mobile
NEW YORK (TheStreet) -- T-Mobile USA has clinched a deal to offer Apple (AAPL) products on its U.S. network, according to published media reports.
The Deutsche Telekom subsidiary looked on enviously in recent years as U.S. telecom heavyweights AT&T (T) , Verizon (VZ) and Sprint (S) started selling the tech giant's popular wares, such as the iPhone and iPad.
T-Mobile is America's fourth-largest cellular carrier.
Deutsche Telekom said on Thursday that T-Mobile USA has entered into an agreement with Apple to bring products to market together next year, according to AllThingsDigital.
Neither Apple nor Deutsche Telekom has yet responded to TheStreet's request for comment on this story.
T-Mobile's U.S. operation is involved in the wave of consolidation sweeping the U.S. telecom sector and is set to merge with MetroPCS (PCS) . The T-Mobile USA/MetroPCS deal is expected to closed in the second quarter of 2013.
Shares of Apple rose 1.2% to $545.06 on Thursday. MetroPCS shares gained 1.3% to $10.25.
-- Written by James Rogers in New York.