France's Iliad makes buyout approach for T-Mobile U.S.-Source - News Summed Up

France's Iliad makes buyout approach for T-Mobile U.S.-Source


Representatives for Iliad and T-Mobile did not respond to requests for comment on the news, which was earlier reported by the Wall Street Journal. That merger is not expected to occur before September, Reuters reported earlier this week. "The opportunity to bring Sprint and T-Mobile together is one. T-Mobile shares were up 4.4 percent at $32.30 on the New York Stock Exchange. Sprint shares fell 6.6 percent to $7.25.


Source: Wall Street Journal March 09, 2024 08:46 UTC



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