Who will buy cricKet?
Looks like cricKet MAY sell off their network. Who will buy their CDMA network, if cricKet does?
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that would be a very interesting event... 🙂 I guess things are looking better for the company after all! I hope if they do sellout they can be gone with all those btchs they have working they're customer service! and im a employee fr a dealer but im going to jump the boat soon and go back to the evil empire known as sprint! i dont get paid **** for this company...!
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DALLAS -
Discount wireless phone service provider MetroPCS Communications Inc. on Tuesday offered to buy rival Leap Wireless International Inc. in a stock deal valued at about $5.12 billion.
MetroPCS, which offers prepaid phone plans, said it would also assume or refinance $2 billion of Leap debt as part of the transaction.
The company offered to pay 2.75 shares of its stock for each share of Leap. Based on the $27.29 closing price of MetroPCS shares on Friday, 2.75 shares would be worth about $75.05. That represents a premium of 3 percent to Leap's closing price of $72.50 on Friday. With about 68.2 million Leap shares outstanding at Aug. 3, the MetroPCS offer would be worth about $5.12 billion.
Based on the average weighted price...
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Discount wireless phone service provider MetroPCS Communications Inc. on Tuesday offered to buy rival Leap Wireless International Inc. in a stock deal valued at about $5.12 billion.
MetroPCS, which offers prepaid phone plans, said it would also assume or refinance $2 billion of Leap debt as part of the transaction.
The company offered to pay 2.75 shares of its stock for each share of Leap. Based on the $27.29 closing price of MetroPCS shares on Friday, 2.75 shares would be worth about $75.05. That represents a premium of 3 percent to Leap's closing price of $72.50 on Friday. With about 68.2 million Leap shares outstanding at Aug. 3, the MetroPCS offer would be worth about $5.12 billion.
Based on the average weighted price...
(continues)
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I read this earlier, and think this will be good for both companies if Leap sells. This will be VERY interesting to see. Looking forward to the next move. Thanks for the post michael_herc 😉
-Yean
-Yean
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Yea I also agree with YEAN and this should be a very strong company if it is approved. They obviously do not have the might of the bigger players but I think they can provide a niche and they could be very strong in those markets. Fortunate for them, those markets are less penetrated and not desirable providing them huge opportunity.
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