Gadget Gestures

Lets Gesture about Gadgets

Thursday, February 25, 2021
Log in
  • News
  • Tablets
  • SmartPhones
  • Laptops
  • Cameras
  • Games
  • Apps/Softwares
  • iPad/iPhone
  • Latest News
    • Lenovo A10000, A30000 and A60000
    • TV Has Never Been this Smart – the New Motto of Samsung Smart TVs
    • Nokia Lumia 1020 on Sale at AT&T
    • How Can a Sniffer Help in Detecting Lost or Stolen Mobile Phones?
    • Amazon expected to launch FireTube TV box before Christmas
    • Nokia Lumia 521 Release Date,Features, Specs, Price- Will be Available through T- Mobile
    • New Mercedes-Maybach S600, Priced At 200,000 dollars
    • Intel unveils Jarvis, Edison and dual-OS processors
    • Blackberry Z10 Problems of over heating, Rebooting: Even New BB 10 OS is not Helping
    • Samsung Galaxy Note 2 Vs Samsung Galaxy Note 3 – Compare Possible Price, Design, Display, Features
    • Evernote Integration of New Google Drive Button
    • White Nexus 4 Release Date Subdue Possibilities of Verizon Nexus 4 LTE

French Telecom Company Iliad Offers to Buy T-Mobil

July 31, 2014 By Mary Duncan Leave a Comment

The U.S. telecom market is dominated by a couple of really big players. It is hard to imagine it otherwise, as long as developing a national infrastructure requires important resources. Sprint wants to increase its power in the U.S. market and discussions about a T-Mobile acquisition spread earlier this year. Just a couple of weeks ago, FCC announced an auction for low-spectrum frequencies in 2015. Sprint and T-Mobile were allegedly talking about making a common bid. French telecom company Iliad might get in the way. The Sprint – T-Mobile merger had advantages which seemed two-folded. On one side the companies would definitely profit from increased coverage. Secondly, the FCC needs plenty of time to analyze the procedures, so the sooner the announcement is made, the better.

But another company announced an interest in T-Mobile. Iliad is a French telecommunication company founded in 1999. The company offered today $15 billion to purchase over half of T-Mobile. By paying $33 per share, Iliad wants to buy 56.6 percent of the American company. The rest of T-Mobile’s shares are valued at $40.5 to the benefit of U.S. shareholders, according to Reuters.

French telecom company Iliad wants to benefit from a one-time opportunity

French telecom company Iliad wants to enter the largest telecom market and buying T-Mobile is a one-time opportunity for the French company. Iliad sees a connection between the two telecom players, with both having similar histories. “The US mobile market is large and attractive,” Iliad said in a press release. “T-Mobile US has successfully established a disruptive position, which in many ways, is similar to the one Iliad has built in France.” Iliad seems quite confident that the transaction will be successful.

French telecom company Iliad announced its intention to buy T-Mobile

Usually the telecom national markets contain just a couple of players. When mergers or acquisitions take place, regulators must analyze the process to prevent antitrust issues. But as long as Iliad is not present on the U.S. market, this important lengthy step will be surpassed and the acquisition process will be completed sooner.

Probably T-Mobile’s owners could not be happier now that they are courted by two important telecom companies. Deutsche Telekom now owns 67 percent of T-Mobile and is willing to exit the U.S. market before a lockup expires in November. If Sprint and T-Mobile merge, they will be able to become competitive with AT&T and Verizon. But If French telecom company Iliad buys T-Mobile, the market will remain scattered. Will consumers benefit more if Iliad, instead of Sprint, will buy T-mobile?

Filed Under: News Tagged With: Iliad, Sprint, T Mobile, telecommunication companies

As a participant in the Amazon Services LLC Associates Program, this site may earn from qualifying purchases. We may also earn commissions on purchases from other retail websites.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 5 other subscribers

Recent Articles

GitHub stickers displaying a cat-octopus with a human face

Microsoft Acquires GitHub for $7.5 Billion’s Worth of Shares

June 5, 2018 By Mary Duncan Leave a Comment

Teenage girl browsing her smartphone while sitting at the table

Facebook Is No Longer the Top Social Media Platform Among Teenagers

June 4, 2018 By Lori David Leave a Comment

Fake news headline on a laptop screen

Facebook Is Taking Its Fight Against Misinformation to a Whole New Level

May 25, 2018 By Brandi McCants Leave a Comment

Unsolved Rubik cube on a black background

An Australian Professional Speedcuber Broke His Own Record at Solving a Rubik Cube

May 6, 2018 By Lori David Leave a Comment

Cambridge Analytica logo on a computer screen

Soon After the Facebook Scandal, Cambridge Analytica Is Going Bankrupt

May 3, 2018 By David Crozier Leave a Comment

Windows restore disk placed in a paper envelope for CDs

Renowned E-Waste Recycler Goes to Jail for Distributing Free Windows Restore Disks

April 25, 2018 By Micheal Baptiste Leave a Comment

nasa globe and emblem outside a building

NASA Announces its Investments in Future Tech Concepts Such as Biobots and Shapeshifters

April 3, 2018 By Brandi McCants Leave a Comment

YouTube app opened in browser with the logo on top of it

YouTube Increases the Number of Ads to Trick Users into Subscribing to Its Paid Streaming Platform

March 22, 2018 By Mary Duncan Leave a Comment

Facebook dislike button

Facebook Stock Falling for Second Straight Day amid Data Scandal

March 21, 2018 By Paul Leave a Comment

Permanently Delete Facebook

WhatsApp Founder to Facebook Users: ‘Delete Facebook’

March 21, 2018 By Paul Leave a Comment

Uber driverless car

Uber Driverless Car Kills Woman in Arizona

March 20, 2018 By Paul Leave a Comment

Windows 10 Update reaches 35%

Microsoft: Windows 10 Updates To Take No Longer than 30 Min

March 20, 2018 By David Crozier Leave a Comment

The Apple Watch

Apple Watch User Awakened by 3 Cops In His Bedroom after Accidental Call

March 19, 2018 By David Crozier Leave a Comment

Pokemon Go Character

Pokemon Go Player Attacks Other Player IRL for Losing Gym

March 19, 2018 By David Crozier Leave a Comment

Pages

  • About Us
  • Contact Us
  • Privacy Policy GDPR
  • Team

Recent Posts

  • Samsung Tablet 10.1 Review: Perfect for Your Entertainment Needs October 29, 2020
  • Take Better Pictures Today With These 9 Helpful IPhone Camera Settings November 4, 2019
  • The 6 Best Gaming Desks to Give You a Great View October 31, 2019
  • How Much RAM Do I Need for Gaming? Here’s the Sweet Spot for Optimal Performance October 21, 2019
  • Lenovo Ideapad Yoga 11s Review: A Teaser October 16, 2019
  • Basic Computer Skills – 6 Tips You Need to Know! September 30, 2019
  • Why is my Laptop Fan so Loud? Six Possible Reasons for the Noisy Nuisance September 9, 2019

Copyright © 2021 GadgetGestures.com

About · Privacy Policy · Terms of Use · Contact

This website uses cookies to ensure you get the best experience on our website. Learn more.