T-Mobile is a top acquisition target for media companies after AT&T-Time Warner deal is announced

T-Mobile is a top acquisition target for media companies after AT&T-Time Warner deal is announced
Reuters reports that in the wake of AT&T's billion-dollar takeover of Time Warner, more media companies have started seeking wireless carrier partnerships due to their expertise with digital distribution. Likewise, carriers are looking towards media houses for supplying content and original productions.

Thus, T-Mobile has grown into a likely acquisition target as it managed to take most of the wireless industry's subscriber and revenue growth in the third quarter this year. Analysts claim its compelling balance sheet and fast-growing business makes it an attractive target for a media or paid TV company like Comcast, Dish Network, and Mexico's America Movil, which are rumored as potential buyers.

While T-Mobile is interested in exploring strategic opportunities, fellow carrier Sprint also remains a takeover candidate, with its strategic value having significantly grown, according to CEO Marcelo Claure. The carrier received more calls than usual from bankers during the weekend after AT&T and Time Warner's deal was announced.

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6 Comments

1. TerryTerius unregistered

I really don't like this continued consolidation of service providers. Media companies getting in bed with service providers makes me even more wary.

2. tedkord

Posts: 17464; Member since: Jun 17, 2009

Nobody should like it.

3. Plutonium239

Posts: 1245; Member since: Mar 17, 2015

I do, I'm hoping HBO becomes cheaper for AT&T customers.

5. TerryTerius unregistered

The downsides of an oligopoly would probably outweigh that benefit.

4. jsjammu77

Posts: 24; Member since: Oct 19, 2014

People hoping to buy cheaper thing is how we lost all the manufacturing jobs. I guess it was a great sales pitch people bought in and now manufacturing is pretty much gone except frr a few manufacturing sectors.

6. mrmessma

Posts: 271; Member since: Mar 28, 2012

Luckily it's made a comeback, US is the 2nd largest manufacturing country to China.

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