cdmagurus.com
07-31-2014, 01:10 PM
Iliad, a telecom business based in France, has made an unsolicited offer to purchase T-Mobile U.S. Citing sources familiar with the matter, the Wall Street Journal reports the company submitted the offer to T-Mobile's board within the last week. The Journal labeled Iliad an "upstart" and said it is waging a price war with competitors in France. It sees T-Mobile as a natural fit and a way to break into the U.S. market. Iliad's offer complicates Sprint's interest in T-Mobile. Sprint and T-Mobile are believed to have agreed to the broad strokes of an acquisition, but are still hammering out details. Sprint has not made a formal offer for T-Mobile, but may have to accelerate its plans with Iliad's offer now on the table. T-Mobile did not confirm the Journal's report, nor did it address the offer in its recently-announced quarterly earnings. -Mobile added 1.5 million new customers this quarter and has expanded the availability of VoLTE nationwide as of today.
More... (http://www.phonescoop.com/articles/article.php?a=14402)
More... (http://www.phonescoop.com/articles/article.php?a=14402)