Well, well, it appears like AT&T wasn't the only person searching to get a competitor within the wireless business this past year. Based on
CNBC's David Faber, the Now Network was knee-deep in discussions to get MetroPCS for $8 billion dollars before its board nixed the offer. Apparently, Sprint have been attempting to make the merger happen for several weeks and also the coupling being endorsed by Boss Serta Hesse, however for reasons unknown the board shot it lower. We are still digging for particulars, so stay updated for additional once we get it.
Update: The
Wall Street Journal reviews that Sprint backed from the deal the 2009 week since the "timing wasn't right," which there is no hard feelings between Mr. Hesse and also the board for doing this.
Sprint almost bought MetroPCS for $8 billion, Hesse stated yes, however the board stated no (update) initially made an appearance on Engadget on Comes to an end, 24 February 2012 17:28:00 EDT. Please visit our terms to be used of feeds.
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