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bowonwing

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bowonwing

Re: None

Tuesday, 10/02/2012 11:23:20 PM

Tuesday, October 02, 2012 11:23:20 PM

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9/28 T-Mobile sold rights to it's towers for $2.4B, this was last Friday.

PCS has about $2.35B in cash. Together that is $4.75B.

ATT gave T-Mobile about $3B in cash plus another $1B in "assets" for the failed ATT-T-Mobile deal.

PCS has about 364M shares outstanding: 364 x $14.50= $5.02B. The deal by T-Mobile for PCS almost pays for itself.
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