Thursday, August 28, 2014

T-Mobile parent Deutsche Telekom reportedly would talk T-Mo sale at $35 per share bid

T-Mobile CES 2013


The rumors of a T-Mobile sale continue! Following AT&T and Sprint’s attempts at consuming T-Mo, a new report claims that T-Mobile parent company Deutsche Telekom is interested in selling off the magenta carrier.


A source talking with Bloomberg says that Deutsche Telekom senior managers discussed T-Mobile US’s worth at a meeting today. Those execs are hoping to get an offer of $35 per share or more for T-Mo, which is slightly higher than the $33 per share bid that French telecom firm Iliad SA recently made.


Whether or not any company actually makes an offer that’ll appeal to DT remains to be seen, but considering how much interest has been shown in T-Mobile in the past, I wouldn’t be surprised if someone came along at some point and tried to snap up John Legere and Co.


Do you think anyone will ever successfully buy T-Mobile?


Via Bloomberg






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