T-Mobile shares jump on Iliad’s $15 billion buyout offer

“Shares of T-Mobile surged nearly 6.5% to almost $33 a share after French telecom company made an offer to acquire T-Mobile, a proposal confirmed by both companies,” Edward C. Baig reports for USA Today. “Iliad reportedly offered $15 billion in cash for control of the U.S.’s fourth largest wireless carrier..”

“The deal arrives as T-Mobile’s disruptive ‘Un-Carrier’ strategy seems to be working, based on reported quarterly results. T-Mobile added 1.5 million new customers during the second quarter of the year and passed the 50 million customer milestone. The company also said on Thursday that it has added 7.6 million new net customers overall during the past 15 months and now expects branded postpaid net additions for 2014 to be between 3 million and 3.5 million,” Baig reports. “The company sold 6.2 million smartphones during the quarter and says tablet sales that were five times greater than sales in the prior quarter helped buoy the increase in mobile broadband lines.”

“Among its Un-Carrier initiatives since 2013, T-Mobile has eliminated onerous wireless contracts, agreed to reimburse early-termination fees for customers who switch to T-Mobile and most recently announced that folks could test drive an iPhone 5s for a week,” Baig reports. “Another opportunity presumably comes in the fall when Apple is expected to launch an iPhone 6. People often consider switching carriers when new devices hit the market.”

Read more in the full article here.

MacDailyNews Take: Behold the power of Apple’s revolutionary iPhones and iPads.

Related articles:
Apple Retail Stores begin selling prepaid T-Mobile iPhones – June 26, 2014
T-Mobile’s iPhone 5s Test Drive: More than 12,000 people have already signed up – June 20, 2014
T-Mobile US lets customers stream unlimited iTunes Radio, other streaming services without data charges – June 20, 2014
T-Mobile offers LTE iPads for the price of Wi-Fi-only models; add an iPad to your postpaid voice plan for free – April 10, 2014
T-Mobile USA sold more tablets on iPad Air launch day than during entire prior quarter – November 5, 2013
T-Mobile to offer new iPads starting at $0 down; $26/month for iPad Air, $22/month for iPad mini – October 23, 2013
Apple iPhone powered T-Mobile USA customer additions – August 8, 2013
Apple iPhone may have kept T-Mobile USA from losing nearly half a million customers last quarter – August 2, 2013
Powered by Apple’s iPhone T-Mobile USA eyes first postpaid subscriber gain in years – June 28, 2013
iPhone stops the bleeding at T-Mobile USA; 500,000 iPhones sold in first month – May 8, 2013


    1. Homer Simpson, you are an ungrateful oaf!
      A so called ‘cheese eating surrender monkey’ by the name of Frederic Auguste Bartholdi designed and built the statue of liberty which was then given to America by France! A nation of ‘cheese eating surrender monkeys?’
      Who helped America win The American Revolutionary War? Did I hear you answer the French?… Youuuu Bastard! How dare you wrap yourself in moral self righteousness based on the rumblings of incoherent political masters? who cannot engage an industrious brain cell to your countries own history!

      Instead of hiding behind the moniker Homer Simpson, go study your own nations history and then make informed comments were called for.

      I go now to spit out the very thought of you!!!

    2. Can’t help but add another; the “cheese eatin’ surrender monkeys” sacrificed considerably more in the second World War than your Americans (over half a million French died, compared to around 400,000 American soldiers, and those are in all theatres of war). Good number of those French died in combat against the Axis powers. While there may have been a few cowardly leaders who gave in to the Nazi Germany, the population certainly didn’t and fought them any way they could (La Résistance Française provided significant logistical and intelligence support to the allies for the Normandy invasion).

      Americans love to (baselessly) stereotype the French as cowards who cave before a fight. The reality of WWII shows a different story to those who bother reading about it.

  1. “It’s…It’s…embarrassing when.. when …uh… [sic] Europeans come over here, they all speak English, they speak French, they speak German. And then we go over to Europe and [snicker] all we can say is Merci beaucoup.” – Barack Obama

    Hope he doesn’t use T-Mobile. I doubt after six years from making this comment that all he can say is still Merci beaucoup.

      1. That kind of middle school slang doesn’t accomplish anything and sure doesn’t appeal to or recruit conservative voters, make sense or have anything to do with TMobile. You may think you’re somehow making a statement that is funny, but you’re the drunk uncle embarrassing the family. Don’t know how old you are or how educated but you might try making even a small attempt to look at the post and try to not cause other conservatives, like five I’m with atm, not award you “dullest tool in the crib”.

  2. I know it is so very unlikely, but I wish Apple would just buy T-mobile…. that way they would own everything from phone to customer and they would not have to deal with any other carriers….

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.