Boston, MA 08/07/2014 (wallstreetpr) – Sprint Corporation (NYSE:S)’s move of calling off its decision of merger with T-Mobile US Inc (NYSE:TMUS) has compelled the latter to weigh its merit with yet another suitor. T-Mobile would definitely not want to move ahead now with more expensive and competitive market. In the time duration of previous six quarters, T-Mobile has already managed to infuse 4 million post-paid customers, which is indeed a winning stroke in a snail-paced market. However, these gains are not for free and T-Mobile has allowed the subscribers to enjoy termination fee for switching.
Other Suitors for T-Mobile
France-based Iliad SA is yet another suitor for T-Mobile US Inc (NYSE:TMUS) which does not just have upended markets in its home, but also offers ultra-cheap services plans. The French carrier has made an offer of $15 billion to T-Mobile for merger. Nevertheless, according to T-Mobile, the offer is not adequate and Iliad, in the meanwhile, has not put paid to an idea of raising the bidding amount. But, Iliad is not seeing the need of increasing its bid, especially after Sprint called off the decision of merger with TMUS.
Another suitor for merger with T-Mobile US Inc (NYSE:TMUS) is DISH Network Corp (NASDAQ:DISH), which has already accumulated billions of dollars for wireless spectrum but does not have a network for using it. DISH Chairman, Charlie Ergen said on August 6, 2014 that in case Sprint has moved on, it would like to show interest in T-Mobile. However, he also hinted about prospective deal with Sprint Corporation (NYSE:S), which has depper spectrum stores and is also larger in stature. In fact, DISH is also working with Sprint on small trial for testing wireless residential broadband service.
T-Mobile’s View of Iliad Remains Rigid despite Sprint’s Decision
Even though Sprint Corporation (NYSE:S)’s decision has hurt T-Mobile, but its view for Iliad offer has not changed yet. While the industry is taking a leap into the expensive period in the country, the carriers are looked forward towards billions of dollars expense for crucial spectrum auctions in next two years.
