Yet another carrier has given up trying to buy T-Mobile

%name Yet another carrier has given up trying to buy T Mobile by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Is the “Un-carrier” unsellable? Bloomberg reports that French carrier Illiad has now given up its bid to buy T-Mobile from parent company Deutsche Telekom, thus making it the second carrier to fail at acquiring the scrappy mobile operator this year. Apparently Illiad decided to withdraw its bid after upping its offer to $36 per share to acquire 67% of the company, which was a boost from the $33 per share it offered to acquire 56.6% of the company this past summer. Despite this higher offer, Deutsche Telekom apparently remained uninterested in the proposal.

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Posted in Mobile.