Sprint Could Counter-Bid for MetroPCS

Sprint Corp. (NYSE: S) may not be taking T-Mobile US Inc. 's planned buyout of MetroPCS Inc. (NYSE: PCS) -- 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 (NYSE: DT) 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.

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— Dan Jones, Site Editor, Light Reading Mobile

joset01 12/5/2012 | 5:19:41 PM
re: Sprint Could Counter-Bid for MetroPCS

Rumored $15 a share last time. Think the T-Mobile deal puts a premiun on that?

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