Sprint May Still Make Counter Offer for MetroPCS Sometime in the Next Month, May be Too Steep for T-Mobile Friday Nov 30 2012 14:19 EDT Guggenheim Securities analyst Shing Yin single handedly made MetroPCS shares rise today by insisting that Sprint could make a bid of $12 to $13 per share for MetroPCS sometime within the next four weeks. According to Yin, such an offer could be too steep for T-Mobile owner Deutsche Telekom to match while still pleasing shareholders, scrapping T-Mobile's planned merger with MetroPCS. "To counter a $13 per share bid from Sprint, if that were to occur, we estimate DT would have to give 43 percent to 47 percent of the combined company to PCS shareholders -- likely a tough proposition for DT shareholders to accept," Yin said in an e-mail. Sprint was believed to be close to a counter offer back in October, and of course was a breath away from acquiring MetroPCS last February before the deal was scrapped by the Sprint board at the last second. |
FFH5 Premium Member join:2002-03-03 Tavistock NJ 1 edit |
FFH5
Premium Member
2012-Nov-30 2:26 pm
Who knows if true, but Mr Son of Softbank is aggressiveWho knows if there is any truth in this rumor. But Mr Son of Softbank, Sprint's not-yet-approved buyer, has very aggressive plans for Sprint and it is possible he may reverse the old Sprint boards attitude to buying MetroPCS. Of course, this all depends on DOJ & FCC approving a foreign buyer taking over Sprint. | |
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Re: Who knows if true, but Mr Son of Softbank is agressiveVery true. Especially when the FBI and all are brought in. The same with the TMO-USA and Metro deal. Gotta love foreign ownership laws. | |
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slckusr
Premium Member
2012-Nov-30 2:56 pm
Re: Who knows if true, but Mr Son of Softbank is agressiveJapan is a very good friend to the USA, based on that alone I think the chances of the merger getting denied are extremely slim. | |
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Re: Who knows if true, but Mr Son of Softbank is agressiveGood friend or not, the DOJ and the FCC still have foreign ownership laws that have to be followed. | |
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EliteDataEliteData Premium Member join:2003-07-06 Philippines |
?if this happens, will this hurt TMO's LTE deployment schedule ? im patiently waiting for LTE to go live before i root my device. | |
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Re: ?It might hurt the schedule a little, but if Sprint buys MetroPCS then look for a quick offer to T-Mobile to buy MetroPCS's AWS spectrum holdings. Sprint might actually be able to turn MetroPCS's network down and refarm AWS more quickly than T-Mobile could, since pushing MetroPCS users to Sprint is as simple as a PRL update. | |
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King PDon't blame me. I voted for Ron Paul Premium Member join:2004-11-17 Murfreesboro, TN
1 recommendation |
King P
Premium Member
2012-Nov-30 4:41 pm
Sprint + MetroPCS makes senseSprint buying Metro makes WAY more sense, to me, than does T-Mobile. Spring and Metro will have overlapping coverage, but the transition for customers won't be NEARLY as difficult, in my opinion since both are CDMA. | |
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Re: Sprint + MetroPCS makes senseIn fact as well as in opinion. Sprint could shut down MetroPCS's network overnight and MetroPCS's users would still have 3G service (which might actually be an upgrade in some markets for some phones). LTE would be slightly more difficult since Sprint would need to add an LTE carrier in the PCS non-G band (MetroPCS phones only support LTE in PCS A-F), but they were going to do that anyway at some point so it's not a big deal. | |
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to King P
Sprint + MetroPCS makes absolutely no sense. Very little in common besides CDMA which is being slowly phased out by every single carrier in the world including Sprint and Verizon.
That said, T-Mobile owns EXACTLY the same PCS and AWS spectrum which perfectly complement with MPCS. | |
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