Friday, 09 December 2016

Sprint bides its time on MetroPCS bid

By Mary Lennighan, Total Telecom
Thursday 11 October 12

U.S. telco will wait to read proxy filing before making counter-offer, sources say; could let deal go ahead and bid for merged entity later.

Sprint Nextel will not make an immediate counter-offer for MetroPCS, but will instead wait until it is able to scrutinise the terms of the deal brokered between its smaller rival and Deutsche Telekom, Bloomberg reported on Wednesday. The German incumbent last week announced a $1.5 billion deal that will see its T…

Sprint Nextel will not make an immediate counter-offer for MetroPCS, but will instead wait until it is able to scrutinise the terms of the deal brokered between its smaller rival and Deutsche Telekom, Bloomberg reported on Wednesday. The German incumbent last week announced a $1.5 billion deal that will see its T…

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