Light Reading
T-Mobile has reportedly turned up its nose at a surprise $15B bid from the French operator.

T-Mobile Rejects Initial Iliad Bid – WSJ

Dan Jones
8/5/2014
50%
50%

Quelle surprise! T-Mobile has reportedly rejected French operator Iliad's surprise initial bid to take control of the US operator.

The Wall Street Journal quotes sources Tuesday saying that T-Mobile US Inc. considers the bid "dead on arrival" and has refused to open its books to Iliad (Euronext: ILD) for due diligence.


Get the latest on T-Mobile's merger machinations here on the site.


Iliad made a surprise $15 billion bid for T-Mobile last Thursday. Given the bigger market cap of T-Mobile, the bid always seemed unlikely to get much traction. (See Iliad Offers $15B for a Stake in T-Mobile and Eurobites: Iliad Slumps on T-Mobile Bidding Battle Fears.)

Reuters had earlier reported that T-Mobile's parent, Deutsche Telekom AG (NYSE: DT), was looking for more money from the proposed deal. (See Eurobites: Iliad Needs to Up Its T-Mobile Bid .)

— Dan Jones, Mobile Editor, Light Reading

(7)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
sam masud
50%
50%
sam masud,
User Rank: Light Sabre
8/7/2014 | 1:40:48 PM
Re: slow news... or some crazy stock pumping scheme?
What do you think Iliad ought to have offered to make its bid newworthy? Would $16 billion be about right?
DanJones
50%
50%
DanJones,
User Rank: Blogger
8/6/2014 | 10:25:19 PM
Re: slow news... or some crazy stock pumping scheme?
Just wanted to close the loop on this weird bid. My contact doesn't allow me to own stock in any company I write about. Not sure a lower bid would affect the reputed higher bid from Sprint much, kinda a moot point now anyway.
mhhf1ve
50%
50%
mhhf1ve,
User Rank: Light Sabre
8/6/2014 | 5:49:07 PM
slow news... or some crazy stock pumping scheme?
This news makes me wonder if reporters just wanted to publish this rejection because they knew about it (not because it's all that newsworthy)... or if there's some crazy scheme to try to boost T-Mobile's stock price going on to prevent any other buyers from trying to bid on T-mobile...?

 
Ariella
50%
50%
Ariella,
User Rank: Light Sabre
8/6/2014 | 5:34:48 PM
Re: Notta Shocker
@Dan yes, so I do wonder why bother? But I suppose I should just dismiss the assumptions that people or corporations act rationally. 
DanJones
50%
50%
DanJones,
User Rank: Blogger
8/6/2014 | 4:43:26 PM
Re: Notta Shocker
Not really, the only theory that makes any shred of sense to me if there's more bidders for T-Mobile out there and Iliad wanted in, and that *still* doesn't make sense! There's no way they could get it done unless they could mobilize billions more in capital right?
Ariella
50%
50%
Ariella,
User Rank: Light Sabre
8/6/2014 | 12:30:35 PM
Re: Notta Shocker
@Dan any theories on why they put the offer out at all?
DanJones
50%
50%
DanJones,
User Rank: Blogger
8/5/2014 | 5:58:58 PM
Notta Shocker
Not too shocked by this, I wonder if Iliad can -- as they suggested -- pull together more funds? Even then, like I said its like minnow trying to a swallow a guppy. They're biting off more than they can chew.
Flash Poll
From The Founder
It's clear to me that the communications industry is divided into two types of people, and only one is living in the real world.
LRTV Interviews
The New Wave of IP + Optical Integration

11|21|14   |   04:29   |   (7) comments


At the Alcatel-Lucent Technology Symposium, Heavy Reading senior analyst Sterling Perrin talks about how SDN has reshaped the discussion around packet and optical integration.
LRTV Huawei Video Resource Center
Huawei Highlights at BBWF 2014

11|20|14   |   3:40   |   (1) comment


Broadband World Forum is one of the world's largest telecoms, media and technology events with over 7,800 senior executives from across the globe converging on Amsterdam every year to identify the Next Big Thing. BBWF is an exciting place to meet the entire industry under one roof and identify the latest in network innovation, service optimization and customer ...
LRTV Huawei Video Resource Center
How Will BCMS Stimulate Margin for Broadband Operators?

11|19|14   |   6:52   |   (0) comments


In BBWF 2014, Liu Shuqing emphasizes the value of FMC 2.0 based full service experience by throwing light on the BCMS solution. The underlying principle of this innovative technique is to create network robustness and driving network from connection oriented to ACE – BAND oriented infrastructure, in which applications, cloud, and user experiences will be an asset ...
LRTV Huawei Video Resource Center
SingleFAN3.0: Better Connected Experience

11|19|14   |   3:06   |   (1) comment


At the BBWF 2014, David Hu, the VP of Huawei Access Network Product Line, talked about the future of access networks – SingleFAN3.0: faster broadband, wider coverage, and smarter connection.
LRTV Interviews
Basil Alwan Interview: The Road to Cloud

11|19|14   |   09:09   |   (0) comments


Alcatel-Lucent's head of IP and Transport talks about the migration towards a web-like networking environment, the impact of the cloud, SDN and NFV, and the yet-to-be-announced FP4 chip.
LRTV Documentaries
FairPoint Makes a Fair Point About Analytics

11|19|14   |   1:56   |   (1) comment


The US-based communication service provider gets to grips with advanced analytics, tackling data and breaking down the silos within its own business.
LRTV Documentaries
Analytics Lets C Spire Get to Know Subs

11|19|14   |   3:01   |   (2) comments


It's all about the data for US operator C Spire as it uses analytics to personalize its customer service down to individual subscribers.
LRTV Interviews
Nuage Branches Out With SDN: CEO Interview

11|17|14   |   9:32   |   (0) comments


Sunil Khandekar, CEO of Alcatel-Lucent's SDN-focused unit Nuage Networks, talks about the opportunities and challenges of breaking out of the data center into wide-area networks.
Light Reedy
Telecom Analytics Grows Up

11|14|14   |   1:15   |   (4) comments


The big data analytics debate has moved on from a year ago, with some experts suggesting it's no longer a technology challenge.
LRTV Huawei Video Resource Center
Huawei Compass

11|14|14   |   3:17   |   (1) comment


At OpenStack Summit 2014, Shuo Yang, Huawei Principal Cloud Infrastructure Architect introduced Huawei Compass, the software tool for solving customers' problems on the journey of OpenStack Cloud.
LRTV Huawei Video Resource Center
Huawei's Cloud Strategy in European Region

11|14|14   |   2:56   |   (1) comment


At OpenStack Summit 2014, Dr. Gotz, CTO of Huawei IT in European Region introduced Huawei's cloud strategy in European region.
LRTV Huawei Video Resource Center
Huawei's Contribution on OpenStack

11|14|14   |   5:58   |   (0) comments


At OpenStack Summit 2014, Dennis Gu, Huawei Chief Architect of Cloud Computing introduced the relationship between OpenStack and cloud computing, and Huawei's contribution on OpenStack.
Upcoming Live Events
December 2, 2014, New York City
December 3, 2014, New York City
December 8-10, 2014, Reykjavik, Iceland
February 12, 2015, Atlanta, GA
April 14, 2015, New York City, NY
May 6, 2015, McCormick Convention Center, Chicago, IL
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 9-10, 2015, Chicago, IL
Infographics
Irish Telecom outlines the rise of VoIP technology, including its adoption within businesses and their perception of its quality.
Hot Topics
Bell Labs Chief Slams 'Toy' Networks
Robert Clark, 11/19/2014
$38.3M: Ain't That a Kik in the SMS
Sarah Reedy, Senior Editor, 11/20/2014
Do You Have a 2020 Vision?
Dennis Mendyk, Vice President of Research, Heavy Reading, 11/21/2014
The New Wave of IP + Optical Integration
Ray Le Maistre, Editor-in-chief, 11/21/2014
Google, AT&T, BT Unite on Network Data Models
Carol Wilson, Editor-at-large, 11/20/2014
Like Us on Facebook
Twitter Feed