DLA Piper advises T-Mobile in the sale of its Wireline Business to Cogent
DLA Piper advised T-Mobile US, Inc. in the sale of its Wireline Business to Cogent Communications Holdings, Inc., the facilities-based provider of low-cost, high-speed Internet access and private network services to bandwidth intensive businesses.
The sale of its Wireline Business to Cogent will allow T-Mobile to continue its strategic focus on providing wireless solutions to enterprises and customers. Additionally, the Wireline Business is a strategic fit for Cogent, providing the ability to expand its product set to new and existing customers.
“It is always a pleasure to work with T-Mobile, and this transaction was a great opportunity for our team to combine our deep telecommunications regulatory and M&A knowledge and experience,” said Nancy Victory, the co-chair of DLA Piper’s Global Telecom Practice who led the deal team. “We look forward to continue supporting T-Mobile in its future growth.”
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 12 consecutive years, according to Mergermarket.