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France's Iliad makes takeover bid for T-Mobile US

Thursday 31 July 2014 | 18:50 CET | News
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French operator Iliad, known under the brand Free, has made a takeover bid for T-Mobile US. The surprise offer marks Iliad's first expansion outside its home market, where it first broke open the triple-play market and then drove down prices in the mobile market by becoming the fourth network operator. Iliad said T-Mobile's 'unCarrier' strategy has many similarities to its own development in France. The French company is offering USD 15 billion for 56.6 percent of T-Mobile US, equal to USD 33.0 per share. It said it will create USD 10 billion in "synergies" for the other shareholders in

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Categories: Mobile & Wireless
Companies: Iliad / Sprint / T-Mobile US
Countries: United States
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Comments

Iliad and Xavier Niel are just the right ones to start restructuring of media and journalism. It happens through mobile carriers and old-print-media companies. When a consortium like Alcatel-Iliad-Eucalyptus-Amaury (or equal) applies Ecosystem ONE it can challenge Google's and Facebook's governance in mobile ads. Ecosystem ONE makes a shift in repatriation of advertisement and media content profits. http://interestmachine.wordpress.com/taic-simo-model/operator-network-model Start in France and spread it globally!
Jean Darch @ 1/8/2014 - 15:04


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