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AT&T failed to acquire T-Mobile a few years ago. Sprint and SoftBank backed out of acquisition talks earlier this month, too, apparently because there were too many regulatory hurdles to jump through. And, likely, because the FCC had already expressed its concern with the merger and the potential impact on competition in the U.S. wireless market. Still, T-Mobile’s parent company Deutsche Telekom wants to unload the carrier and the unit is still for sale according to a new report published on Thursday.

Bloomberg said Deutsche Telekom is shopping the carrier around for “$35 a share or more,” which is $5 more per share than the company’s current trading price at the time of publication ($29.98) and current market cap of $24.19 billion. Bloomberg highlighted Deutsche Telekom’s recent rejection of an offer from Illiad, which was willing to pay as much as $33 per share for the fourth largest wireless carrier in the United States.

With a clear figure potentially outlined for buyers, perhaps Deutsche Telekom will finally attract a suitor for T-Mobile. It’s unclear if Illiad is interested in spending more than its previous offer, or who might jump in with an offer next.

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Source Bloomberg