Tag Archives: Deutsche Telekom

Rumor states Deutsche Telekom is seeking a buyer for T-Mobile (again)

A report published earlier today claims that Deutsche Telekom is looking for an alternative buyer for T-Mobile after the deal with Iliad proved to be a no-go. The publication, Manager Magazin, cites people familiar with the company and claims that DT is specifically looking for companies that aren’t direct competitors to T-Mo US. This report does come as something of a surprise, after another report (again, a rumor) claimed fairly recently that Deutsche … [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]

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]