Dish Could Offer $45/Shr for T-Mobile: Jefferies (Earlier)
2014-06-05 20:22:40.666 GMT
By Joshua Fineman
June 5 (Bloomberg) -- Dish could finance T-Mobile offer
with 75%/25% debt/equity split, Jefferies analyst Mike McCormack
wrote in note earlier.
* Likely that combined co. would divest $4b worth of spectrum,
including 10MHz of mid-band, DISH’s 800MHz EBlock spectrum
* Leverage likely to fall “materially” with cost savings,
TMUS operating growth, reduced need to buy spectrum L-T
* TMUS/DISH deal likely to have easier time on regulatory
front
* TMUS remains hold at Jefferies, PT $30, Bloomberg avg. $35
* NOTE: Yday, Sprint, T-Mobile Said Near Deal Valued at Almost
$40/Shr
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To contact the reporter on this story:
Joshua Fineman in New York at +1-212-617-8953 or
jfineman@bloomberg.net
To contact the editors responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net
Joshua Fineman
2014-06-05 20:22:40.666 GMT
By Joshua Fineman
June 5 (Bloomberg) -- Dish could finance T-Mobile offer
with 75%/25% debt/equity split, Jefferies analyst Mike McCormack
wrote in note earlier.
* Likely that combined co. would divest $4b worth of spectrum,
including 10MHz of mid-band, DISH’s 800MHz EBlock spectrum
* Leverage likely to fall “materially” with cost savings,
TMUS operating growth, reduced need to buy spectrum L-T
* TMUS/DISH deal likely to have easier time on regulatory
front
* TMUS remains hold at Jefferies, PT $30, Bloomberg avg. $35
* NOTE: Yday, Sprint, T-Mobile Said Near Deal Valued at Almost
$40/Shr
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Joshua Fineman in New York at +1-212-617-8953 or
jfineman@bloomberg.net
To contact the editors responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net
Joshua Fineman