It ain’t over yet: Carriers circle T-Mobile in the aftermath of Sprint’s failed bid

Sprint may have officially junked its ambitious plan to buy T-Mobile US, but there’s a big telecom industry out there and it has taken notice of the US’s scrappy No. 4 mobile carrier.

T-Mobile’s principal owner Deutsche Telekom has indicated its willingness to sell if the price is right, and French ISP Iliad is likely to make a new bid on the carrier soon. Meanwhile, Dish Network is waiting in the wings. What price would cause DT to prick up its ears? According to Bloomberg, DT is setting the minimum bid at $35 a share, though Reuters’ sources say that even $35 is too low. Iliad offered $33 a share for 57 percent of T-Mobile. Iliad claimed that “synergies” would create another $10 billion in value in the company, though it seems everyone from to DT to financial analysts is questioning Iliad’s arithmetic.