Following various press reports, French multi-play provider Iliad Telecom, which operates in France under the Free brand, has confirmed that it has submitted an offer to acquire a majority stake in US mobile operator T-Mobile US.
Iliad is proposing to buy 56.6% of the operator for US$15 billion, representing a price of US$33 a share. The company said it has valued the remaining 53.4% at US$40.50 a share based on US$10 billion of synergies.
Iliad said it would finance its bid through a combination of debt and shares and that it has secured bank support to raise the debt. The company proposes to offer about US$2 billion in its own shares, with chairman Xavier Neil participating in the capital increase.
Iliad said it did not envisage any regulatory concerns as it does not currently have a presence in the US.
DTVE: the week in view – Netflix dominated the 2010s but can it continue its stratospheric rise in the new decade?… twitter.com/i/web/status/1…
23 January 2021 @ 19:54:00 UTC
ICYMI: @WarnerMedia taps Alpha Networks for Toonami Max development digitaltveurope.com/2021/01/22/war… https://t.co/R0zWLoMQRe
23 January 2021 @ 19:10:00 UTC
Share your expert views on the future of digital video and how the pandemic has impacted your business… twitter.com/i/web/status/1…
23 January 2021 @ 15:00:00 UTC
Deliver optimized digital experiences for your customers by leveraging the combination of edge cloud and a global p… twitter.com/i/web/status/1…
23 January 2021 @ 13:00:00 UTC
Amazon accused of purposely confusing wantaway @PrimeVideo subscribers #TopStoriesofTheWeek digitaltveurope.com/2021/01/18/ama… https://t.co/DRnugCiUl5
23 January 2021 @ 10:05:00 UTC
