France's Iliad Makes Bid for T-Mobile US
French upstart telecommunications company Iliad has made an offer for T-Mobile US in a bold bid to counter by Sprint for the fourth-largest wireless carrier in the US. Iliad announced that it offered $15 billion in cash for 56.6% of T-Mobile US at $33 a share.
Iliad said its offer for T-Mobile US, which is majority-owned by Deutsche Telekom AG, "should not raise any antitrust issue in light of the competition rules given that Iliad is not present in the United States."
France's Iliad Makes Bid for T-Mobile US Sprint has competition in attempt to buy T-Mobile (ars technica) France’s Iliad makes a surprise bid for T-Mobile. Would it be a better fit? (GigaOm) French telecom makes $15b offer for T-Mobile (The Hill) French company Iliad wants to buy T-Mobile and ruin Sprint's grand plan (The Verge) What the Hell Is Iliad, T-Mobile’s Latest Suitor? (Recode)