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home / news releases / TMUS - Why We Turned Down Free Alibaba Shares And Sold SoftBank

TMUS - Why We Turned Down Free Alibaba Shares And Sold SoftBank

T-Mobile US Inc.
  • SoftBank still offers a way to gain exposure to Alibaba basically for free, but it is a "Buy one, get one free" type of deal.
  • We were quite happy with the deal when the investment we had to make was mostly in telecom operations to get the Alibaba exposure for free.
  • Now that most SoftBank assets are invested in startups we are not as comfortable with the investment proposition.
  • We believe Alibaba has rarely been cheaper, and we are seriously considering buying the shares directly this time.

For further details see:

Why We Turned Down Free Alibaba Shares And Sold SoftBank
Stock Information
Company Name: T-Mobile US Inc.
Stock Symbol: TMUS
Market: NASDAQ
Website: t-mobile.com
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