Now that Sprint has pulled back from making a bid for T-Mobile, there could be a battle for control of the fourth largest carrier in the states. Upstart French telecom Iliad had offered $15 billion for 56.6% of the company, a surprising bid that came out of nowhere. Deutsche Telekom, which owns 67% of T-Mobile's shares, apparently feels that this offer is too low.
Deutsche Telekom CEO Timotheus Höttges, says that he is open to a bid for T-Mobile, but only if it adds value to the company. Iliad has been making noise about adding partners, giving it the financial wherewithal to raise its bid. ...
from PhoneArena - News http://ift.tt/V2Bf7R
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