France's Iliad abandons planned takeover of T-Mobile US

By

French telecommunications group Iliad has dropped its months-long attempt to gain majority stake in Deutsche Telekom's US subsidiary.

Reading articles is for subscribers only. Subscribe now.

Iliad SA has dropped plans to acquire a controlling stake in T-Mobile US Inc., ending a four-month pursuit that would have marked the French telecommunications company’s entry into the North American market, reports The Wall Street Journal.