T-Mobile In Talks To Buy MetroPCS: report
Deutsche Telekom is reportedly in talks to buy the U.S. fifth largest carrier, MetroPCS.
Bloomberg reported today that Deutsche Telekom, the parent company of T-Mobile, is considering a stock-swap transaction that would give the German company control over a T-Mobile and MetroPCs merged company. The report cited two unnamed people familiar with the talks.
Deutsche Telekom last year failed to complete the sale of T-Mobile USA to AT&T due to regulatory resistance.
Sprint had also reportedly discussed buying T-Mobile USA last year, after they have previously abandoned plans to buy MetroPCS.
Deutsche Telekom and MetroPCS representatives declined to comment.
Deutsche Telekom last year failed to complete the sale of T-Mobile USA to AT&T due to regulatory resistance.
Sprint had also reportedly discussed buying T-Mobile USA last year, after they have previously abandoned plans to buy MetroPCS.
Deutsche Telekom and MetroPCS representatives declined to comment.