Sprint Said to Eye MetroPCS Bid to Rival T-Mobile Offer
October 04, 2012 at 16:02 PM EDT
Sprint Nextel Corp. (S), the third- largest U.S. mobile-phone carrier, is in the early stages of evaluating a counteroffer for MetroPCS Communications Inc. (PCS) to top Deutsche Telekom AG (DTE)’s bid to combine it with T-Mobile USA, said three people familiar with the matter. MetroPCS shares rebounded as much as 17 percent from their low [...]