Despite the fact that MetroPCS (PCS) officially accepted T-Mobile’s offer to merge, Sprint (S) may attempt to counter T-Mobile’s offer with a more appealing one, according to a report from Business Week. The company is said to be crunching numbers and holding talks with its advisors to evaluate the price of MetroPCS. The nation’s third-largest carrier nearly purchased MetroPCS earlier this year before Sprint’s board vetoed the offer. The carrier reportedly began reevaluating an offer a few weeks ago, prior to T- Mobile’s deal being made public, and could have a decision as early as next week. The breakup fee could potentially hinder a counter off from Sprint, however: If T-Mobile pulls away from the deal it must pay MetroPCS $250 million, and if MetroPCS backs out it will pay T-Mobile $150 million. T-Mobile is said to be ready for Sprint’s counter bid and is willing to offer better terms if necessary.
Sprint may try to counter T-Mobile with new MetroPCS offer
Updated Dec 19th, 2018 8:38PM EST
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Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.
