Dish said to discuss T-Mobile deal with Deutsche Telekom: Bloomberg

Reuters News
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Posted: Sep 05, 2014 6:20 PM

(Reuters) - Dish Network Corp's <DISH.O> chairman, Charlie Ergen, recently contacted Deutsche Telekom AG <DTEGn.DE> to express interest in acquiring the German company's unit, T-Mobile US Inc <TMUS.N>, Bloomberg reported, citing people with knowledge of the matter.

Ergen has not made a formal offer or hired any bank to advise it on the potential deal, the report said.

Dish has told Deutsche Telekom, which owns about two-thirds of T-Mobile, that it may be interested in a deal after a November auction for wireless airwaves is completed, the report added. (http://bloom.bg/1uoZ1YB)

Deutsche Telekom views potential offers valuing T-Mobile at $35 a share as being substantially too low, Reuters reported last week, countering a Bloomberg report.

Earlier in August, Sprint Corp <S.N> dropped its bid to acquire T-Mobile in the face of continuing regulatory resistance despite months of lobbying.

Dish declined to comment and T-Mobile, the No. 4 U.S. carrier, could not be immediately reached for comment.

(Reporting By Sai Sachin R; Editing by Simon Jennings)