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This article was published on October 14, 2014

T-Mobile won’t be acquired by France’s Iliad

T-Mobile won’t be acquired by France’s Iliad Image by: Roberto Baldwin
Roberto Baldwin
Story by

Roberto Baldwin

Roberto Baldwin was a reporter for The Next Web in San Francisco between April 2014 and March 2015. Roberto Baldwin was a reporter for The Next Web in San Francisco between April 2014 and March 2015.

Attempting to purchase T-Mobile has been all the rage lately. The latest company to try and fail is Iliad. The French company announced today (PDF link) that it was dropping its bid for the carrier.

Iliad states that at the end of July 2014, it offered to purchase 56.6 percent of the carrier and the T-Mobile board rejected the offer.

Iliad is the third company to attempt to purchase T-Mobile. Sprint was reportedly close to an acquisition but that fell through and AT&T pulled its bid after learning that an administrative law judge would review the merger.

➤ Iliad puts an end to its project of acquiring T-Mobile US [Iliad]

Via PhoneScoop