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.
Iliad is continuing to explore different ways of improving its bid for T-Mobile US, with latest reports saying the France-based company is now in talks with private equity companies on a possible collaboration.
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.
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.
The fight for control of bankrupt wireless firm LightSquared continues to drag on, with Philip Falcone's Harbinger Capital Partners hedge fund submitting a new reorganization plan days after it seemed Falcone would be cut out of the company in a competing restructuring plan.
There continues to be speculation about whether Dish Network will angle to buy T-Mobile US or partner with Sprint to make use of its more than 50 MHz of wireless spectrum. However, according to a new research note from New Street Research analyst Jonathan Chaplin, Dish's best path forward could be to sell its spectrum to either Verizon Wireless or AT&T and still keep its satellite TV business.
There are currently no offers to buy T-Mobile US that are worth more to its parent Deutsche Telekom than the current value of the carrier as a standalone business, according to DT CEO Timotheus Höttges.
Now that Sprint has reportedly discontinued attempts to merge with T-Mobile, it's worth taking a look at the reasons behind Sprint's desire to form a deal with the nation's No. 4 carrier--and, more importantly, who else may wish to ink a deal with T-Mobile now that Sprint is out of the picture.
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.
According to published reports, T-Mobile US and parent Deutsche Telekom are poised to reject Iliad's $15 billion bid for 56.6 percent of T-Mobile because it's too small. However, a Reuters report said Iliad is working with Dish Network, Cox Communications, Charter Communications and others to improve its offer for the "uncarrier."