Why Iliad Abandoned Its Bid for T-Mobile

Why Iliad Abandoned Its Bid for T-Mobile

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Business

University

Hard

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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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why was Iliad's first offer considered surprising?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the amount Iliad proposed for a 67% stake in T-Mobile?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Iliad claim regarding cost savings per year if their offer was accepted?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Who is the other potential bidder mentioned for T-Mobile besides Iliad?

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