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| VIEW EVENT INFORMATION: AT&T |
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AT&T Sells Cricket’s Muve To Deezer |
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About the organization AT&T:
Type: Business
Sub-Types: Telecommunication, Internet Service Provider, Telecommunication Service Provider |
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Notable Organizations: AT&T, Techcrunch
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| Deezer, the music streaming service based in France that competes with Spotify, is making another move to expand its customer base in the U.S.: it has acquired the assets of Muve music from Cricket, the wireless carrier acquired by AT&T in 2014 for $1.2 billion, and it will now partner with AT&T to sell Deezer music services to Cricket subscribers.
Terms of the deal are not being disclosed, but in an interview, Tyler Goldman, Deezer’s North America CEO, said that it was a “substantial” sum. We understand that it is under $100 million.
This is Deezer’s second acquisition in the U.S. after it acquired podcasting and talk radio network Stitcher in October 2014, and its first deal with a carrier in the country. |
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