October 4, 2012 / 3:55 PM / 8 years ago

Sprint considering counter bid for MetroPCS - report

Oct 4 (Reuters) - Sprint Nextel Corp is in the early stages of considering a counter-offer for MetroPCS Communications Inc to top Deutsche Telekom AG’s bid to combine it with T-Mobile USA, Bloomberg reported, citing sources.

Sprint is holding talks with its advisers to evaluate the feasibility of a higher offer, Bloomberg reported.

Deutsche Telekom is also prepared for a potential counter bid from Sprint Nextel and would consider better terms if necessary, Bloomberg said, citing a person familiar with the matter.

MetroPCS shares were down 1.4 percent at $12.10 on the New York Stock Exchange on Thursday.

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