Sprint Nextel Corp. seems to be holding off on any immediate counterbid for MetroPCS Communications, at least in part because it wants to spend more time examining the particular terms for the planned sale to T-Mobile USA, Bloomberg reports.
Also, Sprint might have some months before it would have to submit a formal offer. Sprint might be betting that MetroPCS could drop in value before a formal bid.
Wednesday, October 10, 2012
Sprint Waiting on Any Potential MetroPCS Offer
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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