Tag Archives: Deutsche Telekom

Iliad purportedly in talks with private-equity firms to raise cash for T-Mobile bid

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 was announced just days before Sprint [read full article]

Bloomberg: Deutsche Telekom open to selling T-Mobile US at $35/share

According to Bloomberg, T-Mobile’s parent company, Deutsche Telekom is open to negotiating a sale of its U.S. carrier, but only if an offer matches or exceeds its $35 per share valuation. The information was passed on to the site by “a person with knowledge of the matter.” Senior management of the German company allegedly met in Berlin today, purely to discuss T-Mobile’s valuation. This news comes after Iliad had a bid worth $33 … [read full article]

Rumor: Iliad looking to Google, Microsoft to support bid for T-Mobile

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 week, stated that [read full article]

Rumor: Iliad’s bid for T-Mobile US will be rejected officially tomorrow

According to a report by the Financial Times, T-Mobile US is set to reject Iliad’s audacious $15 billion bid as early as tomorrow. As far as we were aware, DT had already dismissed the offer because it was too low, but seemingly that wasn’t an official rejection. “T-Mobile US is planning on rejecting Iliad’s $15 billion offer for the carrier because … [read full article]

SoftBank CEO: Less resistance from regulators on merger over the past few months

In an interview with reporters in Tokyo early this morning, Masayoshi Son, SoftBank’s CEO has been discussing the state of the U.S. market and the possibility of consolidation between Sprint and another carrier. He claims that over the past few months there has been new movement from regulators in regard to their feelings on any merger. Son believes there is less resistance now than there was at the beginning of the year, and … [read full article]

Reuters: Deutsche Telekom to keep minority stake in T-Mobile if SoftBank deal goes through

Earlier on today, reports broke from Japan stating that Deutsche Telekom had accepted a buyout offer from SoftBank for its majority stake in T-Mobile US. We assumed, as many would have, that any deal would see the Japanese carrier take ownership of DT’s entire controlling stake in the Magenta carrier. Later on, however, another report claims that DT is seeking to retain a … [read full article]

Dish Chairman ponders T-Mobile bid, if Sprint merger comes to nothing

“I wasn’t a very good poker player but when a bunch of drunken fools were throwing money around occasionally I was able to pick up the pot at the end of the day.” Those are the words of Dish Chairman, Charlie Ergen, on his approach to the possibility of bidding for T-Mobile or DirecTV. Dish doesn’t “have the kind of money to go outbid Sprint for T-Mobile or outbid AT&T for DirecTV,” he … [read full article]

Deutsche Telekom chief expresses doubt over any merger approval

Yet another day in the world of T-Mobile, and yet another day with news of a possible T-Mobile merger in the U.S. Like many before him, Deustche Telekom’s CEO Tim Hoettges has realized the potential behind a merger with another carrier, but recognizes the struggles and legal barriers in place. On a conference discussing DT’s Q1 earnings, Hoettges remarked that he is open to creating a “super maverick” carrier in the U.S. In … [read full article]

DT Chief: T-Mobile sale unlikely in the near term

After months of speculation regarding SoftBank’s proposed takeover of Deutsche Telekom’s controlling stake in T-Mobile, it seems those rumors can be laid to rest. At least for a short while. A report by Bloomberg states that DT’s CEO, Tim Hoettges told company directors yesterday that a sale of its US carrier is unlikely to happen in the near future due to “regulatory hurdles”. In recent times we’ve heard plenty of reports that SoftBank’s CEO, … [read full article]