Now THIS would make sense:
MetroPCS Communications, Inc. (PCS) Stock - Seeking Alpha
10/04/2012 12:55 PM
MetroPCS (PCS -1.9%) briefly turned positive following a Bloomberg report claiming Sprint (S -3.6%) is "in the early stages of evaluating a counter offer" for MetroPCS, and could decide on whether to one-up T-Mobile's bid as early as next week.
Sprint, which (unlike T-Mobile) uses the same 3G tech as MetroPCS, reportedly had a deal to buy the carrier in February, but its board got in the way.
Sprint would buy Metro instead of T-mobile. (And yes, T-mobile is trying to buy Metro, not the other way around.)
Metro would get to keep CDMA and LTE.