Sprint Said to Eye MetroPCS Bid to Rival T-Mobile Offer


Source: Bloomberg
Location:
Sprint Nextel, 6550 Sprint Parkway, Overland Park, KS, 66251, United States

Sprint Nextel, the third- largest U.S. mobile-phone carrier, is in the early stages of evaluating a counter offer for MetroPCS Communications to top Deutsche Telekom’s bid to combine it with T-Mobile USA, said three people familiar with the matter. Sprint is crunching the numbers and holding talks with its advisers to weigh the feasibility of a higher offer, said the people, who asked not to be identified because the talks are private. The Overland Park, Kansas-based company could decide as early as next week whether to pursue an offer, two of the people said.

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