Tag Archives: Iliad

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]

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 signaled … [read full article]

Iliad in talks with Dish, Charter Communications and others to raise bid for T-Mobile?

Earlier today we read a report stating that T-Mobile will officially reject the well-documented approach from Iliad. The French communications company seems persistent, however, as another new report claims that Iliad is look at other means of raising investment so that it can improve its offer. Reuters reports: French telecom firm Iliad (ILD.PA) is in talks with investors to improve its … [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]

Market responds to Iliad’s T-Mobile buyout offer: TMUS value climbs, Sprint and Iliad values fall

Watching how analysts and investors interpret certain events in the technology industry has the tendency to throw up some surprises, and often times almost makes for interesting reading. Yesterday, following reports that French Telecom giant, Iliad wants to buy T-Mobile, the news affected three service providers’ value. In regards to T-Mobile (TMUS), it seems as though the extra interest in buying … [read full article]

French telecoms company, Iliad makes bid for T-Mobile [UPDATE x2: Rejected]

A fresh report today from the Wall Street Journal claims that T-Mobile US has a new suitor in French telecommunications company, Iliad. The company has allegedly made a buyout offer for the carrier, in an attempt to compete against SoftBank/Sprint.  During the earnings call’s Q&A section earlier today, John Legere stated that T-Mobile was looking at various options for growing … [read full article]