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Dish in financing talks for T-Mobile US bid - report

2015-06-12 13:15:00| Telecompaper Headlines

(Telecompaper) Dish is in talks with banks about funding a bid for T-Mobile US, the Wall Street Journal reported. Dish is considering borrowing USD 10-15 billion for the cash portion of a bid that would primarily be comprised of its stock, according to people familiar with the matter. The two sides are discussing a deal that would leave Deutsche Telekom , which controls T-Mobile, with a big minority stake in a combined company, the sources said. A deal agreement between Dish and T-Mobile is not imminent, and it is possible there still won't be one, the sources added. It is unclear how much Dish is considering paying for T-Mobile, which has a market value of USD 31 billion and is the fourth-largest mobile carrier in the US. Dish, the country's second-largest satellite-television provider, has a market value of USD 34 billion.

Tags: report bid financing talks

 

Dish looking to raise up to $15bn for T-Mobile bid

2015-06-12 02:00:00| Total Telecom industry news

U.S. satellite TV operator is talking to banks to raise cash part of mobile operator deal, newswire's sources say.

Tags: bid raise dish tmobile

 
 

Report: T-Mobile, Dish in Talks to Merge

2015-06-04 19:00:37| PC Magazine Cell Phones Product Guide

A combined company would be run by Dish head Charlie Ergen as chairman and T-Mobile chief John Legere as CEO.

Tags: report talks dish merge

 

Dish in merger talks with T-Mobile US - report

2015-06-04 10:06:00| Telecompaper Headlines

(Telecompaper) Dish is in talks to merge with T-Mobile US, the Wall Street Journal reported, citing sources familiar with the matter. Dish CEO Charlie Ergen would become chairman for the combined company while T-Mobile US CEO John Legere would serve as its CEO. Tougher questions about a purchase price and the mix of cash and stock that would be used to pay for a deal remain unresolved, the sources said. One of the people characterized the talks as at "the formative stage," and said the deal could still fall through. A deal would likely be very large. T-Mobile has a market capitalization of about USD 31 billion, a little below Dish's USD 33 billion. The deal would combine the country's second-largest satellite TV operator with its fourth-largest wireless carrier.

Tags: report talks dish merger

 

Dish Network said to be in early merger talks with T-Mobile

2015-06-04 09:39:51| Wireless - Topix.net

It quotes one of its sources as saying the talks between Dish, the Douglas County-based satellite-TV provider , and Bellevue, Washington-based wireless carrier T-Mobile are in "the formative stage." But the companies already have tentatively agreed that Dish CEO Ergen would be chairman of the combined company and T-Mobile chief executive John Legere would be CEO after a merger, the WSJ said.

Tags: with network early talks

 

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