Why Iliad Abandoned Its Bid for T-Mobile

Iliad, a small French company, made two unsuccessful offers to acquire a stake in T-Mobile from Deutsche Telecom. The first offer in July was $33 per share, surprising many due to Iliad's size and lack of US presence. After T-Mobile's merger talks with Sprint failed, Iliad made a second offer of $36 per share, proposing $2 billion in cost savings. However, Deutsche Telecom rejected this offer as well. Now, Dish Network, a US satellite provider, is seen as a potential bidder for T-Mobile, possibly aligning better with US antitrust regulations.

What was the initial offer made by Iliad for the US unit of Deutsche Telecom?

• $33 per share and $15 billion in cash

• $36 per share and $20 billion in cash

• $30 per share and $10 billion in cash

• $40 per share and $25 billion in cash

Why was Iliad's initial offer considered surprising?

• Iliad was a small French company with no US footprint

• Iliad was a large company with a significant US presence

• Iliad had previously acquired several US companies

• Iliad's offer was the highest ever made for a telecom company

What was the proposed stake Iliad aimed to acquire in T-Mobile with their second offer?

• 80%

• 50%

• 67%

• 75%

What was the promised annual cost savings in Iliad's second offer?

• $4 billion

• $1 billion

• $3 billion

• $2 billion

Which company emerged as another potential bidder for T-Mobile after Iliad's offers were rejected?

• Sprint

• AT&T

• Verizon

• Dish Network