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Wireless

Iliad plans to bid for larger stake in T-Mobile US - report

Friday 3 October 2014 | 08:58 CET | News
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French telecom group Iliad plans to bid for a bigger stake in Deutsche Telekom's T-Mobile US than the 56.6 percent it offered to buy for USD 33 per share in July, Bloomberg reports, citing people familiar with the matter. Iliad intends to bid the same amount per share for a significantly larger stake. Deutsche Telekom, which holds over 66 percent of T-Mobile, has not decided whether an offer for a bigger stake would be enough, according to Bloomberg's sources, although two people said the German operator sees USD 35 per share as a fairer price. Iliad has reportedly had some success in

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Categories: Mobile & Wireless
Companies: Deutsche Telekom / Iliad / T-Mobile US
Countries: United States
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