Tag Archives: Iliad

After failed T-Mobile bid, Iliad’s Xavier Niel turns to Swiss carrier

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, Iliad, tried its luck. Sadly for the European telecoms company, neither Deutsche Telekom nor T-Mobile were interested in the offer. Having been … [read full article]

Bloomberg: Iliad set to bid for larger stake in T-Mobile

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 KKR & Co., people with knowledge of the matter said … [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]

Iliad’s $15 billion offer for T-Mobile “very inadequate” says company CFO

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 $33 per share offer for 56% percent of T-Mobile US just … [read full article]

Fallout from last night: Hesse gone, Legere “welcomes” new Sprint CEO, stocks tank and more…

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. . 1. Stocks Tank It’d be foolish to assume that company stock value wouldn’t be affected by the major news, and neither T-Mobile nor Sprint came out unscathed. TMUS dropped … [read full article]

WSJ: Sprint, T-Mobile merger is off

“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 at both the Justice Department and the Federal Communications Commission had … [read full article]