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French telecom Iliad abandons plans to acquire T-Mobile

By Shawn Knight
Oct 13, 2014
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  1. Ownership of the nation's fourth largest wireless carrier won't be changing hands anytime soon as French telecommunications company Iliad has abandoned its pursuit of T-Mobile.

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  2. "Most would agree that Deutsche Telekom has been looking to offload T-Mobile for quite some time but given the company’s renewed momentum and subscriber growth under outspoken CEO John Legere, that may no longer be the case."

    I have my hopes up in thinking that the people in charge would see this turn around and figure out that price gouging is less effective than pricing something competitively, but I doubt it.
     

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