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French Telcom Iliad Lowballs T-Mobile

T-Mobile USA’s parent company Deutsch Telekom is getting offers for its T-Mobile service from French communications company Iliad, which has offered $15 billion for the company. The offer is nearly $10 billion less than T-Mobile’s current market value. And the Iliad offer is only half the size of the reported $30 billion deal that Sprint has been trying to hammer out with Deutsche Telekom for months.

Read the whole story at Consumerist »

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