IowaCowboyWant to go back to IowaPremiumReviews:
US Cellular would be a better buyer If US Cellular bought MetroPCS, then they could expand their footprint into southern New England.
I would go with them if they were to offer the iPhone. I currently have Verizon and I am happy with them.
I wish I still lived in Iowa; Everything there from rent and groceries to Cable TV is much cheaper in Iowa (especially with an overbuilder in town).
This could go 1 of 2 ways This lawsuit could cause one of two things to happen:
1 - A settlement. A lawsuit gets TMO to push more money at shareholders after which the lawsuit goes away. And the merger moves forward quickly thru DOJ & FCC.
2 - TMO refuses to sweeten the pot. The lawsuit goes forward and the continuing opposition causes the DOJ & FCC to start looking hard at the deal; slowing it down; and maybe bringing in other potential buyers of MetroPCS - like a newly cash rich Sprint, flush with Softbank money.
Simba7I Void Warranties
reply to IowaCowboy
Re: US Cellular would be a better buyer
said by IowaCowboy:There you go again.
I would go with them if they were to offer the iPhone.
Unless you really don't value your data plan and enjoy burning your money. There's better phones out there besides the iPhone.
simple remedy.. lock the exercise of payments and invesments for 5 years... either the company will sink or swim.. and the executive's pay with it.. typical locks on deals like this are 6 months.
investors have options to sell shares now pre-finalization so they have liquid assets.. if they don't believe in the deal, they should sell now and the market determines what price you can get as always.
reply to Linklist
Re: This could go 1 of 2 ways Sprint doesn't have the cash yet. They're still has to be approval of that, especially since Softbank is NOT a US company. They're playing on a thin line with that. Especially since others can cry to the DOJ and have it stopped.
t why don't they just buy all of metro pcs.
reply to hottboiinnc
Re: This could go 1 of 2 ways
said by hottboiinnc:LOL, sprint will get 3 Billion up front before regulatory approval around mid next year. Again with stuff you don't know.
Sprint doesn't have the cash yet. They're still has to be approval of that, especially since Softbank is NOT a US company. They're playing on a thin line with that. Especially since others can cry to the DOJ and have it stopped.
»SoftBank/Sprint Clearwire Acquisition Rumors Deflated
(specifically Sprint's decision to issue an immediate $3 billion convertible bond to SoftBank)
Wrong or misleading subtitle The part about the deal being in favor of T-Mobile and their owner Deutsche Telekom is correct.
However the suit claims that MetroPCS officers and directors will receive millions of dollars (not Deutsche Telekom Execs).
Edit: at the very least a comma is missing between "Deutsche Telekom" and "Execs" since it the latter refers to the MetroPCS execs.
Got some spare cpu cycles ? Join Team Helix or Team Starfire!
reply to JamesPC
Re: This could go 1 of 2 ways the DOJ still has final say on weather it happens or not. That 3bill won't go far.
And your link only stated about Clear. Which if Sprint was smart they would have kept. And yes I do know. I've said before Sprint will end up selling out as they don't have the funds to keep going. They did sell out. I also stated they won't have the money to keep their LTE network build out going. Well they admitted they didn't have the funds and needed this buy out. Well it shows that, YES i do know what I'm talking about. What you don't realize is your Blogger Friend that writes the news, doesn't know. Otherwise he would have been saying all along that Spent was going to go bankrupt without a buy out. The iCrap products is what did it for them. They were stupid for taking the iPhone just to try to compete. But if they were smart, they would have taken the VZW version and put the ESN in their database. Oh wait, Sprint won't do that. TMO is the only smart one with everything.