Tag:

Mergers and Acquisitions

Latest Headlines

Latest Headlines

Cincinnati Bell gives all wireless subs unlimited data- just as it is shutting down service

In something of a parting gift, Cincinnati Bell Wireless is giving all of its remaining customers unlimited domestic voice, texting and data for no additional charge. The carrier is in the midst of shutting down its service and selling its spectrum to Verizon Wireless.

Cox president: We're not going to bid for T-Mobile

Cox Communications has no plans to merge with or buy T-Mobile US, or rival MSOs for that matter, Cox President Pat Esser said.  Reuters  had recently reported that French mobile and Internet firm Iliad was working with Dish Network, Cox, Charter Communications and others to improve its $15 billion offer for 56.6 percent of T-Mobile, which T-Mobile has deemed too low.

Dish's Ergen: Collapse of Sprint/T-Mobile talks 'increases' our wireless options

Dish Network Chairman Charlie Ergen said he remains open to a partnership with T-Mobile US or another wireless carrier. He also said that Sprint's reported decision to abandon merger talks with T-Mobile increases Dish's options for entering the wireless market.

Report: Sprint abandoning T-Mobile bid, replacing CEO Hesse with Brightstar's Claure

Sprint and its parent company SoftBank have decided not to pursue an acquisition of T-Mobile US, according to multiple reports. And the country's third largest operator is reportedly ready to replace CEO Dan Hesse with Marcelo Claure, the head of mobile phone distributor Brightstar, possibly as early as tomorrow.

Analysts: The benefits of an Iliad/T-Mobile deal are hard to see

It's unclear what T-Mobile US and parent Deutsche Telekom think of Iliad's $15 billion bid for 56.6 percent of T-Mobile, though early indications are that DT likely thinks the price is too low. However, analysts said the benefits from an Iliad deal are difficult to discern at this point.

Sprint, T-Mobile could be barred from joint bidding in 600 MHz under FCC proposal

FCC Chairman Tom Wheeler is circulating a proposal that would bar Sprint and T-Mobile US from creating a joint venture to bid for spectrum in next year's planned incentive auction of 600 MHz broadcast TV spectrum.

Analysis: Iliad's $15B bid for control of T-Mobile puts pressure on SoftBank, Sprint to make a deal

Iliad's surprise $15 billion bid to purchase a majority stake in T-Mobile US could put more pressure on Sprint and its parent SoftBank to strike a deal sooner than they had expected. Although SoftBank has more financial firepower than Iliad and its rumored bid is seen as stronger than Iliad's, SoftBank could face more regulatory challenges in merging Sprint with T-Mobile, according to financial and industry analysts.

Updated: France's Iliad makes $15B bid to purchase majority of T-Mobile US

Iliad, the French mobile and Internet company, confirmed it has made a $15 billion bid to purchase a majority stake in T-Mobile US.

T-Mobile's Legere: We don't need to make a deal to be successful

T-Mobile US said it added 1.47 million total net new subscribers in the second quarter, including 908,000 branded postpaid net adds. While T-Mobile didn't report quite as many postpaid net adds in the period as Verizon Wireless, it did have more total new subscriber additions and it showed strong growth in phone subscriber additions. T-Mobile also said it now expects to add between 3 million and 3.5 million branded postpaid net subscribers in 2014, up from its previous estimate between 2.8 million and 3.3 million.

América Móvil quells speculation that it might purchase T-Mobile

América Móvil does not have any plans to acquire a U.S. carrier, the company's management said during the carrier's second quarter earnings call. The statement serves to squash speculation that América Móvil might purchase T-Mobile US with the money it expects to raise through a sale of its assets.