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Sprint Tells T-Mobile ‘Not So Fast’, Wants to Bid on MetroPCS as Well

T-Mobile and MetroPCS are not even finished celebrating their agreement to merge from yesterday and now another carrier wants in. Sprint, who tried to acquire MetroPCS for themselves earlier this year, is rumored to make another bid on MetroPCS. This new offer would obviously outweigh the one T-Mobile currently has, but other than that we don’t know much.

Now, T-Mobile’s current deal is for $1.5 billion to acquire MetroPCS. Sprint is prepared to pay well over that, but T-Mobile is reportedly not going to back down. This could turn into a bidding war between the two companies who are moving for position behind AT&T and Verizon. We will have to wait and see how this turns out, but things could get expensive here soon for both companies.

Via: Business Week

  • Kheir Francis

    In my opinion, Sprint has no business interfering with this merger between MetroPCS and T-Mobile. They already have a leg up in the mobile market, Not to mention, their one of the top three carriers that carry the iPhone along with VirginMobile AT&T and Verizon, T-Mobile and MetroPCS do not. Sprint also has BoostMobile, VirgiMobile and Nextel as apart of their mobile family. T-Mobile is just trying to recover from the failed merger with AT&T that cost them alot of subscribers. and merging with MetroPCS would be beneficial. Sprint has no right to intervene.

  • yarrellray

    Deal and agreement has already been made with Tmobile and metropcs. Why would metropcs back out of the deal then pay all that money to Tmobile and it’s parent company to back out of the deal??. Then turn around and agree with Sprint that makes NO SENSE whatsoever. Sprint had it’s chance and there own board said no. Message to Sprint… BUZZ OFF…. Go focus on your now network it’s falling apart.

  • http://www.facebook.com/profile.php?id=100002434267072 Adrian Rivas

    T-Mobile sucks crap.Peace of crap pink garbage that does not even have lte yet.Please Sprint screws that pink crap anyday

  • chris125

    Sprint wants it now after their board turned it down months ago when Hesse wanted to buy it? Seems like they just don’t want tmo to get any closer to that #3 carrier spot.

  • Lte_Addict

    sprint is the worst out of the big three, matter of fact sprint has always been the worst smh, i hope t-mobile seals the deal

  • Droid4Rage

    If Sprint doesn’t somehow turn the tables and snatch MetroPCS right out from under T-Mobile, Hesse is going to be finished.

  • http://www.facebook.com/justin.signa Justin Signa

    OO baby

  • Butters619

    Does Sprint even have the capital? Between their stupid WiMax contracts, their iPhone obligations, and their LTE expansion where is this money going to come from?

    • fixxmyhead

      from dan hesses ass

  • Bobo Someguy

    Once again Sprint always late to the meeting.

  • KB26

    Imagine if verizon just randomly steps in.

    • Butters619

      I don’t think regulators would allow that.

  • http://twitter.com/Bl4ckpheniX aaron nyquist

    I really hope that Sprint backs out of the deal. My guess would be that T-mobile has a better shot at the deal getting approved anyways because of the mear size of their company in comparison with Sprint. I have been with all major US carriers I would put Sprint at the bottom of the list. Its just my opinion. I like T-Mobiles competitive prices and they are getting better with speed and coverage. If T-mobile gets a little bigger other companies will be more likely to lower prices to get closers to T-mobiles.

    • a.youth.in.Asia

      They need somewhere to offload their MVNO users and free up some space on their network

  • Mchl496

    I want Spring to be an alternative to Verizon. THat should keep them competitive

  • Robert Jakiel

    Well if Sprint gets MetroPCS then Sprint will still suck and MetroPCS will suck more. If T-Mobile gets MetroPCS, T-Mobile will suck less and MetroPCS will suck less. So now it’s up to the folks at MetroPCS to do the right thing.

    • Jenny H

      “So now it’s up to the folks at MetroPCS to do the right thing.”

      Yes, go with the one who pays them the most. Unless they are stupid.

    • jonny6pak

      I don’t see the shareholders of MetroPCS approving the worst of two offers.

  • http://twitter.com/collinsjoshw Josh Collins

    CDMA + CDMA = clear win for Sprint. Deutsche Telekom is desperate to get out of the US market though, so this could get ugly.

  • normmcgarry

    I feel like I should sign up for MetroPCS so I can get grandfathered into a plan on the new network.

    • smartguy05

      I don’t think you would. There are no contracts so they can change rates at any time.

  • ddevito

    it’s like fighting over the fat ugly chick

    what’s the point?!

    • summit1986

      Big girls need love too.

      • Mchl496

        Lol big girls give head like they are lucky to be doing it

        • picaso86

          Ahhmen!!!

          • michael arazan

            I just placed a bid for metro ps on ebay, but was outbidded by user Spr****

    • sergio

      I like robust women ….they’re cushiest…

    • a.youth.in.Asia

      More cushion for the pushin’!

    • http://www.facebook.com/profile.php?id=100002434267072 Adrian Rivas

      You moron metro PCs is the best prepaid networks in the us .Metro is a really great company AMD just cuz you have bad service with them does mot mean they suck.What do you have that poor as boost mobile or cricket.Well your opinion anyways

  • triangle8

    It makes so much more sense for Sprint to buy MetroPCS since they both use CDMA. Metro customers could just plug into the Sprint network and get a better experience on day 1.

    • http://www.jaxidian.org/update teh Jax

      It has nothing to do with CDMA. CDMA is effectively dead-in-the-water. Every CDMA carrier is working to kill CDMA off and move on beyond it. For T-Mobile, it’s about having a self-sufficient company in the US plus gaining LTE R&D as well as a boost to the pre-paid market. For Sprint, it’s about additional spectrum and there’s really nobody else they can gobble up that would help in any way. Plus it’s about keeping T-Mobile as a much smaller company instead of an equal.

      • http://twitter.com/collinsjoshw Josh Collins

        2G and 3G specifications should still play a major part here. Currently, none of these companies have an LTE network worth a sh!t. I realize that CDMA isn’t the future, but they will have to keep it on and functioning for the next 5 years while they play LTE catch-up to Verizon. Integrated CDMA network > broken up GSM/CDMA network and integrated network = keeping customers around for LTE.

      • triangle8

        The reason that Metro is trying to migrate away from CDMA quickly is because they’re running out of capacity, so they have to split cell sites, which is very costly. MetroPCS is having problems because they don’t have EVDO in most of their network, so their subscribers are stuck trying to use 1x for data. That’s horrible and also causing major traffic problems on their network.

        CDMA is actually going to be around for a long while. Verizon, Sprint and pretty much all of the other carriers in the US will be running CDMA with LTE for a long time. The only major exceptions are AT&T and T-Mobile. CDMA is actually just as spectrally efficient for voice as VoLTE. It’s just that EVDO is not a great technology for data. HSPA+ is obviously much better. But in the long run, it’ll be CDMA for voice and LTE for data for most of the US carriers. There’s nothing wrong with that.

        • dekim

          Verizon Wireless will begin decommissioning their CDMA towers starting in 2015

          • http://www.facebook.com/profile.php?id=10602828 Mike Hilal

            For Data…assuming their VoLTE plans pan out

          • triangle8

            Agreed. Eventually, everyone will be on VoLTE, but none of the major carriers in the US is pursuing that aggressively right now other than Metro.

    • http://www.facebook.com/goddard.rob Robert Goddard

      I think you got it backwards…. Sprint in my area sucks big time.

  • RadicalPie

    Competition :-)

  • http://twitter.com/_Averix Derin

    I thought the deal was board approved and pretty much done? Isn’t this too little too late for Sprint???

    • JoshGroff

      Apparently not…

    • jonny6pak

      Outside of regulatory approval of various types, the shareholders still have to vote on the buyout. Sprint could legally make a bid, or even a tender offer as part of a hostile takeover. Any kind of bid would force the board to review another offer since shareholders might not approve a T-Mo Metro deal if sprint is offering way more cash per share. Of course, Sprint would be stuck footing the breakup bill of the deal the board signed, but if they really want the business, than that might not be a problem for Sprint.