- A day after Reuters reported Dish (DISH +0.3%) is considering a 2014 bid for T-Mobile USA (TMUS +3.3%), JPMorgan predicts an offer for the #4 U.S. carrier would involve a $35/share price tag (a 25% premium to current levels), and that a merger would create $1B/year in synergies.
- The firm also points out a Dish/T-Mobile merger would have much less trouble being approved by regulators than a Sprint/T-Mobile merger.
- T-Mobile is now up 10% since the WSJ reported last Friday that Sprint is thinking about making an offer for the company.
T-Mobile continues rally: JPMorgan sees healthy M&A premium
Dec 19 2013, 11:19 ET