October 4, 2012 / 4:33 PM / in 5 years

Sprint weighs rival bid for MetroPCS: sources

NEW YORK (Reuters) - Sprint Nextel Corp (S.N) is weighing a potential rival bid for MetroPCS Communications Inc PCS.N, which agreed on Wednesday to a merger with Deutsche Telekom AG’s (DTEGn.DE) T-Mobile USA, according to sources familiar with the situation.

Sprint Nextel could also wait until the MetroPCS-T-Mobile deal is complete before making a move, one of the sources said.

    In February, Sprint came close to buying MetroPCS, but the board of the No. 3 U.S. wireless carrier nixed the deal at the last-minute.

    Sprint declined to comment.

    Reporting By Nadia Damouni and Alexander Huebner; Editing by Paritosh Bansal and Carol Bishopric

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