Sprint Could Counter-Bid for MetroPCS
Sprint Nextel Corp. may not be taking T-Mobile USA's planned buyout of MetroPCS Inc. -- which would make T-Mobile the United States's preeminent pay-as-you-go operator -- lying down.
According to Bloomberg, the Sprint board is in the early stages of considering a bid for MetroPCS.
The Deutsche Telekom AG board revealed this week that it has proposed a merger between T-Mobile and MetroPCS.
Why this matters A combined T-Mobile/MetroPCS pay-as-you-go user base would constitute 18.4 million people in the second quarter of 2012. Sprint, which did have the biggest single pre-paid user base, constituted 15.4 million subscribers at the same time, according to Technology Business Research Inc. (TBR)
What makes this fun is that Sprint reportedly thought about offering $15 a share for MetroPCS early this year but decided against it.
For more
- T-Mobile/MetroPCS Wants to be 4G 'Value-Leader'
- T-Mobile, MetroPCS to Merge
- Is MetroPCS DT's Magenta Exit?
- T-Mobile in Talks to Buy MetroPCS
- Analyst: T-Mobile Is M&A Challenger for Sprint
- T-Mobile USA in $2.4B Towers Deal
- T-Mobile's New CEO to Lead Challenger Strategy
- MetroPCS: The LTE Value Play
- T-Mobile Tosses Data Caps & Speed Limits
— Dan Jones, Site Editor, Light Reading Mobile
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