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Sprint May Make Competitive Bid for MetroPCS

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Oct 4, 2012, 11:56 AM   by Eric M. Zeman
updated Oct 4, 2012, 11:59 AM

Updated: typo

Sprint is considering whether or not it should make a counteroffer to T-Mobile USA parent Deutsche Telekom for MetroPCS. Citing people familiar with the matter, Bloomberg reports that Sprint is going over its financials to determine if it can make a bid for the prepaid carrier. It had been considering acquiring MetroPCS for several weeks. Deutsche Telekom and MetroPCS announced on Wednesday plans to merge T-Mobile USA and MetroPCS, which are the fourth- and fifth-largest carriers in the U.S., respectively. Even combined, the merged companies will still rank fourth behind Verizon Wireless, AT&T, and Sprint. Sprint may decide as soon as next week if it will make an offer. Bloomberg also reports that Deutsche Telekom is "prepared" for a counteroffer from Sprint, and will weigh terms as necessary.

more info at Bloomberg »

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Subject Author Date
Nah Jarahawk Oct 4, 2012, 5:22 PM
  • Re: Nah by rawvega   Oct 5, 2012, 7:14 AM
  • Re: Nah by Living Silver   Oct 5, 2012, 5:48 PM
 
 
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