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]
“I wasn’t a very good poker player but when a bunch of drunken fools were throwing money around occasionally I was able to pick up the pot at the end of the day.” Those are the words of Dish Chairman, Charlie Ergen, on his approach to the possibility of bidding for T-Mobile or DirecTV. Dish doesn’t “have the kind of money to … [read full article]
Yet another day in the world of T-Mobile, and yet another day with news of a possible T-Mobile merger in the U.S. Like many before him, Deustche Telekom’s CEO Tim Hoettges has realized the potential behind a merger with another carrier, but recognizes the struggles and legal barriers in place. On a conference discussing DT’s Q1 earnings, Hoettges remarked that he is open to … [read full article]
After months of speculation regarding SoftBank’s proposed takeover of Deutsche Telekom’s controlling stake in T-Mobile, it seems those rumors can be laid to rest. At least for a short while. A report by Bloomberg states that DT’s CEO, Tim Hoettges told company directors yesterday that a sale of its US carrier is unlikely to happen in the near future due to “regulatory hurdles”. In recent … [read full article]
A fresh report this morning claims that Deutsche Telekom is keen on selling T-Mobile as it seeks to exit the U.S. market place. According to Reuters‘ sources “familiar with the matter“, it sees its 4th position behind the likes of Verizon, AT&T and Sprint as “limiting long-term profitability“. Although T-Mobile’s position as the #4 is one of … [read full article]
According to a report on DealReporter, SoftBank is close to securing $45 billion in financing from a number of large banks. According to the site’s sources, those banks include JP Morgan, CitiGroup and Bank of America. Reports from the past couple of months have [read full article]
When rumors of a Softbank takeover of T-Mobile first emerged, there were – as expected – mixed responses. T-Mobile is in its strongest position for years, and there are obviously concerns that the progress Magenta has made over the past 12 months could be negated by a takeover. On the other hand, Sprint is a “pile of spectrum” waiting to be … [read full article]
