Iliad would be ready to expand its offer on T-Mobile US

by bold-lichterman

To get its hands on T-Mobile US, Iliad would be ready to buy a larger share of the company’s capital, according to Bloomberg. Its offer initially concerned 56.6% of the capital of the fourth American operator, at 33 dollars per share. If the price per share would remain the same, the share would be “significantly” higher. Deutsche Telekom (DTE), the current main shareholder, owns just over 66% of the capital.

To carry out this operation, the company of Xavier Niel is reportedly in discussions with several investment funds, including KKR. In the second quarter, T-Mobile had gained 1.5 million additional customers allowing it to reach 50.5 million customers in the United States for a turnover of 26.1 billion dollars. On 4G, the company claims to already cover 325 metropolitan areas for coverage reaching 233 million people.