Anyone eagerly anticipating the G2 smartphone from T-Mobile (News - Alert), PC Mag reports the carrier has released some of the new specs. This latest model is positioned as the nation’s first HSPA+ phone and will have an 800-Mhz processor, the Android 2.2 OS and “one-touch quick keys.” Some bloggers have already had their say regarding the G2’s (News - Alert) processor speed as some are concerned that performance may fall short when compared with smartphones such as the Samsung Vibrant and the Motorola Droid X. Both of these run the 1-Ghz processor, which benchmark faster than the Qualcomm Snapdragon in the G2.

In other T-Mobile news, one TMC (News - Alert) report earlier this summer spelled doom and gloom for T-Mobile USA. It seems the company is on a new list of firms that 24/7 Wall St. believes will no longer be in business, under that brand name, in 2011.T Mobile USA, the number-four U.S. cellular operator by subscribers (34 million), lags number-three Sprint, with 50 million customers. That isn't the big problem, however, according to 24/7 Wall St.  T-Mobile USA managed to eke out a profit of $306 million in 2009, down from $483 million in 2008.

In August, the company announced that top management at T-Mobile USA will change next spring. Robert Dotson will step down as T-Mobile USA president and CEO in May. Philipp Humm has been tapped as his replacement. Humm is the former CEO of T-Mobile Deutschland and currently is responsible for sales and service in Europe.

Also in August, TMC announced that 16 of T-Mobile’s current 3G devices, including more than a dozen smartphones, can benefit from enhanced speeds when they’re on the HSPA+ network. That includes the newest smartphone available from T-Mobile – the Samsung (News - Alert) Vibrant. Will the new network and smartphone live up to expectations and prove Wall Street wrong? Only time will tell.