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French telecommunications provider Iliad has made an offer for a controlling stake in T-Mobile. The news was earlier reported by The Wall Street Journal. The move follows reports that Sprint and its parent, Japanese carrier SoftBank, were close to a deal to buy T-Mobile. T-Mobile is a hot property thanks to its flamboyant Uncarrier campaign and the resulting turnaround in customer growth. The company posted second-quarter results earlier Thursday that included a new gain of 1.5 million customers and more than 900,000 branded postpaid subscribers. A second interested party may suggest a potential bidding war.

T-Mobile shares rose 5 percent to $32.45 on the news, valuing its market capitalization at just over $26 billion, Iliad made an offer to T-Mobile's board less than a week ago, according to the WSJ, It's believed that Sprint has made an offer for $30 billion, the report said, Iliad later issued a press release confirming its interest in T-Mobile, as well as its offer of $15 billion in cash for 56.6 percent of the company, representing $33 a share, It values the remaining 43.4 percent of T-Mobile US at $40.50 a share on the basis of $10 billion of merger cost benefits, iphone xs / x wallpapers - pink dot case It argues that by that measure, the overall value of the shares is $36.20..

T-Mobile confirmed that it received the proposal but declined to comment further. Iliad said it would finance the deal through a combination of debt and equity, and that it has the support of "leading international banks" for the debt. While T-Mobile is a publicly traded company, it is still majority owned by Deutsche Telekom, which has been eager to offload the asset to focus on its core business in Europe. There have been a number of reports about SoftBank's efforts to buy T-Mobile and merge it with Sprint, although regulators have expressed their reservations about the deal. It's believed that a Sprint-T-Mobile deal has cooled as the two sides think through getting the regulatory hurdles.

T-Mobile CEO John Legere, not afraid to shoot his mouth off, was mum on today's earnings conference call when it came to a potential deal, He did acknowledge that T-Mobile would ultimately benefit from more scale, which could accelerate its ability to compete against AT&T and Verizon Wireless, which are two far larger companies, A deal with Iliad would likely be easier to get through regulators because it doesn't iphone xs / x wallpapers - pink dot case involve the combination of two competitors, which has been a key hold-up with the government, Iliad is a French telecom company with its own history of implementing cut-throat rates, and sees it as an opportunity to enter the US market, according to the WSJ report..

But there was plenty of skepticism that the Iliad deal would derail a potential merger with Sprint, as concerns about the company's ability to obtain financing and SoftBank's deeper pockets would almost certainly win out. "Iliad bid seems a bit of a stretch," said Credit Suisse analyst Joseph Mastrogiovani. He added that it could hasten Sprint and SoftBank's efforts. Shares of Sprint fell more than 6 percent to $7.27 on the news. Sprint posted its own quarterly results on Wednesday, showing yet another quarter of subscriber losses. Some investors and Sprint's owner, SoftBank, hoped a combination with T-Mobile would speed up its own turnaround efforts.

The Taiwan-based mobile device maker on Thursday reported (PDF) revenue of NT$65.1 billion ($2.2 billion), down from the NT$70.7 billion it generated during the same period last year, While that was a disappointment, the company was able to boost its profit to NT$2.3 billion ($76.5 million) after taxes, While HTC pointed to an iphone xs / x wallpapers - pink dot case increase in profit, the company's revenue was cause for concern on its investor call, according to the Wall Street Journal, The quarter was the 12th consecutive period with year-over-year declining revenue, Still, HTC said it expects the fourth quarter to be stronger, thanks in large part to the HTC One M8 smartphone and other devices it has planned..

Exactly what HTC has planned in the coming months has been the subject of much debate. The company said Wednesday that it will host a media event on August 19 in New York City -- where it is expected to announce its 8-inch Nexus 8 tablet. HTC may also unveil a new smartwatch at that event. Still, the real trouble for HTC has been in the smartphone and feature phone market where the company has faced trouble overcoming the shadow cast by the likes of Apple and Samsung, as well as Xiaomi and Lenovo in China.

HTC CFO Chialin Chang didn't shy away from the realities of the company's troubles in the investor call, saying that while there was some "initial excitement" for the HTC One M8 and other newer devices, sales iphone xs / x wallpapers - pink dot case "have settled at a lower level." Still, according to the Journal, Chang took a positive approach to that, telling investors that the slide hasn't continued, "The good thing is it is stabilized," Chang said, CNET has contacted HTC for comment on the earnings, We will update this story when we have more information..



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