The other day we reported that the executive boards of both T-Mobile and MetroPCS have approved the merger of the two companies. Prior to that, it was rumored that T-Mobile was not the only interested party and that Sprint and Dish Network were reportedly interested in MetroPCS as well. Given Sprint’s rather vocal stance on the whole T-Mobile and AT&T merger, to a certain extent we guess we’re not surprised to learn that Sprint isn’t too happy with the T-Mobile and MetroPCS merger either.
According to the folks at Bloomberg, they have reported that the carrier is looking to make a counter offer of its own and are looking to outbid T-Mobile on the deal. However this might be slightly complicated as there are breakup fees involved where T-Mobile will have to pay MetroPCS $250 million if they back out of the deal, and MetroPCS will have to pay T-Mobile $150 million if they back out of the deal. These are some of the costs that Sprint will probably have to take into consideration if they plan to outbid T-Mobile. Representatives of all three carriers declined to comment on the report but we will keep our eyes and ears peeled nonetheless.
Samsung Galaxy S4 Is First Smartphone To Pick Up TCO Certification
Samsung Galaxy S4 Mini Benchmark Results Leaked
Verizon 3G Prepaid Plans Data Cap Increased
Galaxy S4 Nexus Edition Reportedly Akin To T-Mobile Variant