Busy working on getting its $20 billion deal with Japan's Softbank approved, Sprint isn't likely to counter T-Mobile USA's offer for MetroPCS, America's fifth-largest wireless provider.
Sprint announced in October that it would sell 70 percent of its business to Softbank of Japan, which controls the third-largest wireless operator in that Asian nation. It seems getting involved in a play for MetroPCS would get a little messy right now, "people familiar with the matter" told Reuters this week. In other words, Sprint doesn't need to get knee-deep in another deal while its pending Softbank partnership is being closely scrutinized.
T-Mobile USA, the Deutsche Telekom subsidiary that is the fourth-largest carrier in the U.S., said one week before the Sprint-Softbank announcement that its board had approved the purchase of MetroPCS for $1.5 billion. A deal between the two companies, however, doesn't preclude Sprint from making an offer of its own – something those same Reuters sources say isn't off the table entirely, but wouldn't be revisited until after any Softbank-Sprint agreement is all sewn up.
Sprint is said, however, to be in talks to buy the half of Clearwire that it doesn't own.