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France's Iliad plans to bid for bigger T-Mobile stake: Bloomberg
2014-10-03 01:07:22| Telecom - Topix.net
Executives at Deutsche Telekom, which owns 66 percent of the fourth-largest U.S. carrier, feel that a minimum of $35 per share would be a fairer price for T-Mobile, the report cited two people as saying. ), which in August dropped its bid to acquire T-Mobile, had agreed to pay $40 per share under the broad terms of an agreement worked out with Deutsche Telekom.
Iliad working on upping offer for T-Mo US
2014-09-22 02:00:00| Total Telecom industry news
French firm may offer $35-$40 per share for U.S. mobile operator in next few weeks.
Exclusive: France's Iliad sets mid-Oct deadline for T-Mobile US bid - sources
2014-09-20 02:56:52| Telecom - Topix.net
French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said. Deutsche Telekom, which owns 66 percent of the fourth-largest U.S. carrier, has doubts that Iliad will be able to improve the U.S. business since the French startup has no track record in the country, a source close to the German company's management said.
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Iliad still working on T-Mobile US acquisition
2014-09-01 15:18:59| Telecom - Topix.net
French low-cost telecom operator Iliad said it would continue its pursuit of T-Mobile US even though the owner of the U.S. fourth-place mobile operator, Deutsche Telekom, had rebuffed its first bid as too low.
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Iliad talks to private equity firms on T-Mobile bid - report
2014-09-01 11:27:00| Telecompaper Headlines
(Telecompaper) French operator Iliad is talking to private-equity firms about teaming up to make an improved offer for T-Mobile US, people familiar with the matter told Bloomberg. Iliad's discussions with potential partners may accelerate after Deutsche Telekom indicated it's willing to negotiate with a price of at least USD 35 a share. The German company hasn't received a new proposal and there's no guarantee a higher offer will be made, the report noted. In addition to US buyout firms, Iliad has been talking to companies and sovereign-wealth funds about supporting its offer for T-Mobile. Iliad's previous offer of USD 33 per share in cash for a 56.6 percent stake in T-Mobile was rejected as too low a month ago.
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