The nation's third largest wireless carrier changes direction and possibly its CEO.
French telecom provider says T-Mobile and parent company Deutsche Telekom refused to entertain its new offer.
Despite criticism from the FCC, it seems Sprint may be pushing ahead with a possible T-Mobile merger.
Iliad has lined up new financial backers for another run at the Uncarrier, according to Bloomberg.
The French company doesn't want to pay more on its own, but is rounding up allies to help persuade Deutsche Telekom to sell its controlling interest in the US carrier.
The US wireless carrier reportedly rejects Iliad's request for financial information because its proposal for a controlling stake in the company is too low.
The US mobile market has been too narrowly focused on M&A opportunities, and should start looking to adjacent markets like cable broadband, says T-Mobile CEO John Legere.
The deal would combine the No. 3 and No. 4 carriers in the nation, and could be worth more than $20 billion.
John Legere says that whether Dish is interested in an acquisition or a partnership to put its large cache of wireless spectrum to use, T-Mobile will benefit.
The carrier's "Smartphone Equality" initiative is meant to reward customers who pay their bills on time with deals ordinarily available only to those with solid credit.