IRVINE, Calif., July 31 (UPI) -- France telecommunications company Iliad has made an offer for T-Mobile, in a move that could disrupt the the latter's ongoing merger with Sprint.
The deal would involve Iliad acquiring 56.6 percent of T-Mobile for $15 billion in cash, or $33 a share, and the remaining 43.4 percent of the U.S. company would be worth $40.50, on account of cost saving measures, putting the entire deal at 17 percent higher than T-Mobile's closing price Wednesday.