France's Iliad reportedly bids for T-Mobile; Sprint dives (updated)

|About: T-Mobile US, Inc. (TMUS)|By:, SA News Editor

The WSJ reports French carrier Iliad has made an offer to buy T-Mobile USA (TMUS +4.1%).

Would-be T-Mobile acquirer Sprint (S -5.5%) has dived on the report, and T-Mobile has spiked higher.

Update: Iliad has confirmed its offer.