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."
Sprint wholesale partner nTelos Wireless has reduced the number of people it plans to cover with its own LTE network thanks to its recently announced network agreement with Sprint, which includes reciprocal LTE roaming.
The FCC set a total reserve price of $10.587 billion for the airwaves it will auction in the AWS-3 spectrum auction set for this fall. The commission also set out complex rules and bidding procedures for the auction, and carriers will bid on both paired and unpaired spectrum blocks in the same auction.
In a reversal, bankrupt LightSquared settled a disagreement with Dish Network Chairman Charlie Ergen over his debt claims in the company, setting the stage for LightSquared to emerge from bankruptcy with Ergen as one of its largest creditors. That could put even more pressure on Philip Falcone, the billionaire hedge fund manager who had been backing LightSquared.
Dish Network said it plans to "meaningfully" participate in next year's planned incentive auction of 600 MHz broadcast TV spectrum. The company could grab yet more airwaves to add to its existing stockpile, though it remains unclear exactly what Dish will do with its spectrum.
How did the wireless industry perform in the second quarter of 2014? Check here throughout the second-quarter earnings report season for full earnings reports from the wireless industry's...
LightSquared, the bankrupt wireless firm that had been controlled by hedge fund Harbinger Capital Partners, tentatively agreed to a new $3.05 billion restructuring plan that would give 74 percent ownership to JPMorgan Chase, Fortress Investment Group and Cerberus Capital Management.