SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCnet FEATURE

TMCNET eNEWSLETTER SIGNUP

October 02, 2012

MetroPCS Discussing Takeover Talks with Various Tech Big Wigs

By Oliver VanDervoort, Contributing Writer

MetroPCS is one company that has some severe ups and downs over the last few years. Just a little over a month ago, the company announced that it was going to be start putting out VoLTE capable phones by the end of this year. Despite that announcement, the company is having problems keeping a healthy bottom line, and a new report says that MetroPCS is holding takeover talks with a number of different cellular providers.

The companies that are discussing purchasing MetroPCS aren’t all cellular providers either. Dish Network is apparently involved in the discussions along with T-Mobile (News - Alert) USA and Sprint. These three suitors have apparently been joined by others and the talks between all parties have been going on and off for a little while now. 

The reports claim that the talks are still in the very early stages of this particular deal, but this is more than just talk. MetroPCS is not going to be sold for just any price, but the company looks to be willing to make a deal should the price be fair and equitable.

This is certainly not the first time that MetroPCS has been involved in whispers about a takeover. The company is not one of the major powers in the cellular world, especially when it comes to the United States. That doesn’t mean that the company doesn’t have anything to offer. Some of the mid-majors in the cellular provider market would love to be able to add that particular company to their portfolio. 

While most investors would be fairly impressed and excited about a MetroPCS buyout, it appears they are a little tired of hearing rumors about this particular deal. MetroPCS’ stock price as news of the potential buyout talks sparked up. It is not clear when a potential deal would be struck or who the actual front runner is at this point in the talks.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Austin 2012, happening now in Austin, TX.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.




Edited by Brooke Neuman
» More TMCnet Feature Articles

Comments powered by Disqus

LATEST TMCNET ARTICLES

» More TMCnet Feature Articles




LATEST VIDEOS

DOWNLOAD CENTER

UPCOMING WEBINARS

MOST POPULAR STORIES





Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy