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New Deal


Announced

Cogent to acquire the wireline business of T-Mobile.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Friendly

Telecommunications Equipment

Majority

Domestic

Acquisition

Private

Single Bidder

wireline operations

United States

Synopsis

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Cogent, an Internet service provider, agreed to acquire the wireline business of T-Mobile, a telecommunications service provider. Financial terms were not disclosed. For Cogent, acquisition of T-Mobile's wireline business is expected to be an ideal strategic fit with its existing business. The wireline business offers the legacy Sprint US long-haul network that provides an owned network asset to complement and eventually replace Cogent's current leased network and provides the ability to expand its product set, including the sales of optical wave transport services to new and existing customers.

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