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Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

December 19, 2013 at 11:37 AM

Report: Another bidder for T-Mobile, stock leaps

It looks like there could be a bidding war for Bellevue-based T-Mobile US.

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T-Mobile Chief Executive John Legere in July, screenshot of webcast press event.

Dish Network is considering a bid for the carrier in early 2014 and has already approached its parent company, Deutsche Telekom, according to a Reuters report today.

This comes a week after news that Sprint is considering a move on T-Mobile early next year.

Today’s report sent T-Mobile’s stock up 6.35 percent to $28.98 at last check.

Dish may have better luck than Sprint with regulators who blocked AT&T’s attempted takeover of T-Mobile because they preferred to see four major wireless carriers, the Reuters report noted. Sprint is the third-largest carrier and T-Mobile is the fourth.

The bids make you wonder about T-Mobile’s aggressive tactics over the last year.

T-Mobile’s move¬†away from long-term contracts has shaken up the wireless industry and boosted T-Mobile’s business but it could be a challenge longer-term if the company has to spend more and keep offering deals to retain its untethered customers.

But future challenges aren’t such a concern if the plan all along was to rev things up and sell the company.

0 Comments | Topics: Dish, seattle, sprint

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