Xavier Niel

France's Iliad drops plan to buy T-Mobile US

French low-cost telecoms operator Iliad SA (ILD.PA) abandoned its attempt to buy T-Mobile US Inc (TMUS.N) on Monday because of resistance from majority owner Deutsche Telekom (DTEGn.DE), becoming the third bidder to walk away from the carrier in three years.

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Iliad's Xavier Niel examines acquisition targets- sources

French billionaire Xavier Niel was looking at possible deals with phone companies in Europe, sources told Bloomberg.

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