The possibility of T-Mobile US Inc (NYSE:TMUS) to go in hands of the U.S largest cable provider, Comcast Corporation (NASDAQ:CMCSA), isn’t evident, based on Reuters sources reports. Yesterday German publication Manager Magazin said that Comcast and T-Mobile were discussing a possible merger deal.
The merger would combine the nation’s largest cable provider with the country’s fourth spot wireless carrier and provides great benefit to Comcast. T-Mobile acquisition would prove to be a big growth driver for the firm as people are increasingly shifting to mobile phones for not only communication purpose but also for entertainment via internet. Deutsche Telekom, largest shareholder of the T-Mobile, has been searching for suitable merger deal over the years so as to free itself from the burden of T-Mobile.
Back in 2011 AT&T announced the acquisition of the T-Mobile worth $39 billion but withdrew from T-Mobile acquisition due to regulatory headwinds which thought that the merger would be potentially dangerous for customers and the wireless industry.
Comcast also faced stiff regulatory hindrance when it tried to lay its hands on Time Warner Cable Inc (NYSE:TWC). The deal would have created a largest U.S cable company with over 30 million subscribers and 50 percent market share of the US cable industry.
Now with Comcast stepping down from T-Mobile acquisition DISH Network Corp (NASDAQ:DISH) seems to be the possible takeover candidate for T-Mobile assets. At the start of this month it was reported that Dish was in merger discussions with the Deutsche Telekom. The move comes on the heels of T-Mobile’s peer AT&T acquisition of satellite-TV provider DirecTV for $48.5 billion. The deal between the Dish and T-Mobile would be worth $31 billion, seeing the market value of the T-Mobile. The deal would further consolidate the telecom and wireless industry.
T-Mobile which provides wireless services to customers has 39 million users. Dish has 13.8 million satellite TV customers and 591,000 Internet subscribers while Comcast has 27 million customers.
