Thursday, December 19, 2013

DISH looking to snag T-Mobile in 2014

Published reports on Wednesday evening are passing along the word that DISH will try to purchase the nation's fourth largest carrier in 2014.  Dish is in for a battle with Sprint, SoftBank now owns 78% of Sprint and they are looking to purchase T-Mobile.

No matter who bids for T-Mobile, the company will have to deal with Deutsche Telekom. The huge German carrier owns 67% of T-Mobile and there is speculation that DISH has already been talking with Deutsche Telekom. DISH has a market cap of $25 billion while T-Mobile is valued at $21 billion.