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, … [read full article]
Just a few days ago, it was revealed that Deutsche Telekom had decided not to sell its controlling stake in our favorite carrier. At least, not in the short term. With that being … [read full article]
Just in case you missed it, Iliad formally dropped its interest in T-Mobile US yesterday. The French telecom company had raised its bid from $33 per share for 56% of … [read full article]
According to an exclusive report from Reuters, the ambitious French telecoms company, Iliad is setting itself a mid-October deadline to decide whether it’s going to improve its initial bid for T-Mobile US, or walk away. And as [read full article]
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 … [read full article]
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. … [read full article]
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 … [read full article]
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 … [read full article]
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 … [read full article]
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 … [read full article]
