Sprint may be considering making a counter offer for MetroPCS, which yesterday announced a deal with Deutsche Telekom to merge with the U.S. wireless provider T-Mobile, according to a report from Bloomberg.
A MetroPCS store.
(Credit: Greg Sandoval/CNET )
The news service says that Sprint, which had been close to its own deal to buy MetroPCS earlier this year, is talking to advisers about whether it should offer a higher price to buy the company. Sprint had been re-evaluating a play for MetroPCS a few weeks ago before T-Mobile announced its deal, unnamed sources told Bloomberg.
On Wednesday, Deutsche Telekom, which owns U.S. wireless operator T-Mobile, announced a plan to buy MetroPCS and combine it with T-Mobile. The combined entity would be called T-Mobile and would be publicly traded. The move would give T-Mobile, the fourth largest national wireless carrier, additional spectrum in key urban markets throughout the U.S., such as New York and San Francisco. T-Mobile would use the additional spectrum to build the company's 4G LTE network.
The deal wou... [Read more]
No comments:
Post a Comment