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MetroPCS buyout in the works; Sprint, T-Mobile and Dish said to be potential suiters

Updated 4 years ago
Published Sep 28th, 2012 7:25PM EDT

Prepaid wireless carrier MetroPCS (PCS) is said to have held talks with Sprint (S), T-Mobile and Dish Network (DISH) over a potential buyout or merger. According to DealReporter some of the talks are ongoing. Potential buyout rumors have benefited MetroPCS’ stock, which has increased almost 40% in the past year. Analysts have previously speculated that such a transaction is a possibility, although it is seen as more likely that Sprint would purchase the carrier rather than T-Mobile, which operates its network using a different technology. MetroPCS has more than 9.5 million subscribers and operates the country’s sixth-largest mobile network.