Thursday, February 11, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TSMC Wins Exclusive Chip Contract For Next iPhone: report
LG Introduces Touch-Enabled Quick Phone Cover For LG G5 Smartphone
Oculus Starts Offering Discounted Computers To Early Virtual Reality Adopters
Archos 50d Oxygen Launching At MWC
Chip Makers Differientate In terms Of Equipment Investments
New Plextor M6S Plus SSDs Released
AMD's FreeSync Technology Coming In Latest HP Laptops
Twitter Introduces A New Home Timeline Feature
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 Home > News > Mobiles > French ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, August 01, 2014
French Carrier Iliad To Bid For T-Mobile


Following press speculation, French mobile operator Iliad confirmed its interest in T-Mobile US.

T-Mobile US has successfully established a disruptive position, which in many ways, is similar to the one Iliad has built in France.

Iliad said it had submitted to the Board of Directors of T- Mobile US an indicative offer for T-Mobile US. The offer was unanimously approved by Iliad’s Board of Directors.

Iliad has offered $15 billion in cash for 56.6% of T-Mobile US, at $33.0 per share. The French company values the remaining 43.4% of T-Mobile US at $40.5 per share on the basis of $10 billion of synergies to the benefit of the T-Mobile US shareholders. This leads to an overall value of $36.2 per share, a premium of 42% over T-Mobile US’s unaffected share price of $25.

Iliad said it will raise the cash through debt and equity and has the support of international banks to raise the debt.

Sprint, the third-largest U.S. carrier, has been also preparing a bid for T-Mobile for months, according to reports. Such an offer would probably face a cold reception by U.S. regulators because it would reduce the U.S. mobile market from four to three major competitors.

Iliad is a wired and wireless operator known in France for aggressive pricing and innovative plans.



Previous
Next
Microsoft Sues Samsung Over Royalty Payments        All News        Google's Ambitious Secret Barge Project Was Scarped
Microsoft Sues Samsung Over Royalty Payments     Mobiles News      HP's Luxury Smartwatch Coming This Fall

Get RSS feed Easy Print E-Mail this Message

Related News
T-Mobile CEO Says Binge On is About Customer Choices - Not Limitations
EFF Slams T-Mobile Over Video Throttling
T-Mobile Will Let You Stream Netflix Without Using Up Your Data
T-Mobile Offers You A Personalized 4G LTE Tower
T-Mobile Customers Exposed in Experian Breach
Get An iPhone 6s for $5 Under T-Mobile's Trade-in Plan
T-Mobile to Pay $17.5 Million to Resolve 911 Outage Investigation
T-Mobile 'JUMP! On Demand' Plan Lets You Chnage Your Phones three Times A Year
Dish To Merge With T-Mobile: report
T-Mobile And Blackberry Make Peace, BlackBerry Classic Now Available
T-Mobile Allows Verizon Clients To Test Its Network
T-Mobile Unleashes Simple Plans For Businesses, Consumers

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .