It doesn’t seem like that long ago when we couldn’t go a week without hearing new rumors of who was going to buy Deutsche Telekom’s controlling stake in T-Mobile US. You may remember at one point a French carrier, … [read full article]
Just in case you missed it, Iliad formally dropped its interest in T-Mobile US yesterday. The French telecom company had raised its bid from $33 per share for 56% of … [read full article]
Iliad has been pursuing T-Mobile US ever since the alleged deal with Sprint was reported as dead and buried. Initially, the French telecoms company [read full article]
According to Bloomberg‘s “in the know” sources, French carrier Iliad is planning to bid for a larger stake in T-Mobile US than it had originally sought earlier in the year. “The plan for a new bid comes after Iliad had some success signing up financial partners to back its efforts, the people said. The company held talks with potential investors including buyout firm … [read full article]
According to an exclusive report from Reuters, the ambitious French telecoms company, Iliad is setting itself a mid-October deadline to decide whether it’s going to improve its initial bid for T-Mobile US, or walk away. And as [read full article]
According to Bloomberg‘s sources, Iliad is talking to yet more companies in order to raise more capital for its attempt to take over T-Mobile. Iliad is a name which I (and I suspect, many of you) had never come across until it opted to submit an audacious bid to buy a 56% stake in T-Mobile US in July. The move … [read full article]
The New York Post is reporting today that Iliad is looking to raise financial support from two of the biggest companies in tech to help get another bid on the table for T-Mobile. The French telecoms giant is said to have approached Microsoft and Google after having its initial $33 per share offer for 56% in T-Mo rejected immediately. Braxton Carter, last … [read full article]
T-Mobile CFO spoke yesterday at an investor conference in Boston, and commented on the recent offer from French telecoms company, Iliad. Braxton Carter exclaimed that the original $15 billion offer was “very inadequate” and that he feels the company is undervalued. As you’ll undoubtedly remember, Iliad came in with a [read full article]
It’s been interesting watching the internet react to last night’s developments. For those who may have missed it: Sprint gave up on its plan to merge with T-Mobile, and since then, all hell has broken loose. … [read full article]
“And there was much rejoicing.” The Wall Street Journal reports that Sprint has decided to give up its plans on merging with T-Mobile. According to its anonymous sources, both SoftBank and Sprint feel that winning the approval of U.S. regulators will be too difficult. Sprint had been working on a bid for T-Mobile for months while studying regulatory opposition. Officials … [read full article]
