Sprint appears to be taking a wait-and-see approach on a possible acquisition bid for MetroPCS.
The No. 3 wireless carrier is delaying a counteroffer in an effort to examine Deutsche Telekom's plan to merge the prepaid carrier with T-Mobile, sources tell Bloomberg. The company is reportedly holding its counteroffer for a chance to see Deutsche Telekom's proxy filing to examine details of the German communications giant's negotiations.
CNET has contacted Sprint for comment and will update this report when we learn more.
Deutsche Telekom, which owns T-Mobile, announced a plan last week to buy MetroPCS and combine it with T-Mobile. … Read more