Deutsche Telekom has serious doubts about the overall attractiveness of a bid by French telecom group Iliad for its U.S. mobile unit, despite lower regulatory hurdles than a rival offer, said two people close to the company...
This offer is not serious enough to walk away from Sprint/Softbank.
It is better to have a bird in the hand rather than two in the bush, but the question is at what price? And this discount compared to the Sprint/Softbank offer seems too high.
It is positive that more interest has emerged and Deutsche Telekom won't have to sell T-Mobile US at any price.
The $33 offer is very low compared to $40, with the only justification that approval is much more likely.
If Sprint wants exclusivity in the negotiations, then let them pay up for it.
Login to comment.