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Dish reportedly bidding for T-Mobile next year

Sources are saying that Dish is making a bid for T-Mobile in 2014.

Dec 20 2013, 1:34am CST | by

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Dish reporteding bidding for T-Mobile next year
 
 

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Dish reportedly bidding for T-Mobile next year

Dish is reportedly bidding for T-Mobile next year. This is according to sources who are familiar with the company's plans. If the report is true, then this would mean going head to head against the Japanese telecommunications giant, Softbank.

Last week, the Wall Street Journal said that Sprint is also planning to bid for a takeover in 2014. As you probably know, Softbank acquired 78 percent of Sprint for $21.6 billion in July this year, making it a majority owner. Sources added that Dish has already met with Deutsche Telekom, the majority owner of T-Mobile, and that a deal could be imminent.

It's worth noting that Dish already lost to Softbank when it placed a bid for Sprint. Now Chairman Charlie Ergen has no plans of losing once again, sources said. The parties involved declined to comment on the report. 

Source: Reuters

 

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<a href="/latest_stories/all/all/21" rel="author">Gene Ryan Briones</a>
Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.

 

 

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