T-Mobile US would strike an M&A deal with another company only if they had U.S. spectrum, a U.S. customer base and offered "favorable financial terms," according to financial analysts.
LAS VEGAS--Sprint MVNO FreedomPop has been in formal M&A discussions with a publicly traded telecommunications company that is not a Tier 1 U.S. carrier, according to FreedomPop CEO Stephen Stokols. That offer is in addition to ongoing discussions on a deal with a major U.S. carrier, he confirmed.
Dish Network Chairman Charlie Ergen has told T-Mobile US parent Deutsche Telekom he is interested in a future deal for the carrier, according to a Bloomberg report. Ergen previously left the door open for a bid for T-Mobile after merger talks between T-Mobile and Sprint broke down last month.
Taqua acquired partner Kineto Wireless to more seamlessly deliver Voice over Wi-Fi and Voice over LTE solutions to operators. The privately held companies did not disclose the value of the transaction.
French mobile and Internet firm Iliad is still open to working with other companies to improve its offer for T-Mobile US, but it is not saying which partners it is exploring its options with, according to comments from Iliad CFO Thomas Reynaud.
T-Mobile US parent Deutsche Telekom is willing to talk about a sale of the unit if it receives an offer that values the company at $35 per share or more, according to a Bloomberg report. However, Reuters reported that, according to an unnamed source, DT views an offer for T-Mobile at $35 a share as being "substantially too low," countering Bloomberg 's report.
Vivendi confirmed on Thursday it has entered into exclusive negotiations with Telefónica on the Spanish company's offer to buy its Brazilian broadband unit Global Village Telecom (GVT), in a blow to Telecom Italia.
A "major carrier" is considering purchasing Sprint MVNO FreedomPop, according to a person familiar with the matter. The talks started after Sprint reportedly discontinued its efforts to merge with T-Mobile US. The talks were described as "formal," although they are still in the negotiation stage and the transaction may not come to pass.
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 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.