Tag Archives: takeover

AT&T To Acquire Leap Wireless For $1.19 Billion Dollars

In a slightly shocking move, AT&T announced it has agreed to acquire Leap Wireless for $1.19 billion in cash. The deal, which works out to $15 per share for Leap shareholders is a 88% premium on the Leap closing price this afternoon. AT&T announced the deal includes Leap’s licenses, network assets, retail stores and around five million subscribers. Leap has long been tossed [read full article]

Report: T-Mobile Is The Target Of A Trujillo Private Equity Buyout

Oh here we go again as former telecommunications executive Sol Trujillo is said to be working on finding private-equity firms interesting in financing a buyout of part or all of T-Mobile USA. Trujillo, the former head of phone companies U.S. West Communications, Orange SA  and Australia’s Telstra Corp has approached at least two private-equity firms: KKR & Co and Blackstone Group LP about … [read full article]

Today Marks The One Year Anniversary Of The Proposed AT&T/T-Mobile Takeover Announcement

That’s right, today marks one year from the completely unexpected announcement that AT&T was attempting to purchase T-Mobile USA from Deutsche Telekom. The story would come to dominate our attention for the better half of 2011 as it became one of the most hotly contested merger/takeover/acquisitions in recent memory. Everyone from Congress, to the FCC and Department of Justice all the … [read full article]

Analysts Turn Sour on AT&T, T-Mobile Deal Prospects

According to a report by the Financial Times, a large number of “analysts” now rate the chances for an AT&T, T-Mobile deal at less than 50%. Some analysts are even going so far as to rate the deal as only having a 20% chance of success for government approval. Bankers are noting that in order for the deal to win approval, AT&T will have to … [read full article]