MetroPCS rumored to be in merger talks with Dish, Sprint and T-MobileAlex Wagner - Deputy Managing Editor, News Desk
After rumors of a possible tie-up involving T-Mobile and MetroPCS or Sprint and Metro began rumbling earlier this year, those claims have surfaced once again, now with an additional company thrown into the mix. According to a source speaking to DealReporter, MetroPCS is currently in talks with T-Mobile, Sprint and Dish about a potential merger. The talks with some of the companies are said to be ongoing while others are described as "off and on," though it's also said that there's no negotiating going on quite yet and that there's no guarantee that any deal will be made. If an agreement were reached, though, it's thought that it would be made up of both stock and cash.
As noted before, T-Mobile has been rumored as a possible suitor for MetroPCS in the past, with T-Mo parent Deutsche Telekom said to be interested in Metro. A report back in February claimed that Sprint was nearly finished with an $8 billion purchase of Metro before the Now Network's board killed the deal. As far as Dish goes, the company is looking to put together an LTE network, and it'd be pretty interesting to see what would would result from a Dish-MetroPCS deal. All of this is simply a rumor for now, though, so we'll just have to wait and see if these talks lead to anything more serious.