Sunday, September 30, 2012

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

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

. 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.

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

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