SoftBank ( SFTBF.PK ) CEO Masayoshi Son says he won't rule out making a bid for MetroPCS ( PCS ), currently slated to merge with T-Mobile USA. The fact SoftBank's deal to acquire 70% of Sprint ( S ) includes an $8B cash infusion could allow Sprint to make an offer on SoftBank's behalf. The ... MetroPCS ( PCS -5.8% ) dives after Bloomberg reports Sprint ( S +0.8% ) is "holding off on an immediate counterbid," and wants to look at Deutsche Telekom's regulatory filing for the MetroPCS/T-Mobile deal (expected in a month or two) before making a move. Sprint reportedly offered $8B (including ... The threat of bankruptcy at affiliate carriers threatens the viability of Sprint PCS PCS, according to a report in Friday's Wall Street Journal . This is a legitimate concern because 10 affiliates account for about 25% of the population served by Sprint's wireless network, and are necessary for ... A soft September quarter underscores our thesis that Sprint PCS is not worth owning. For the first time in its history, Sprint reported a net subscriber loss in the September time frame; gross additions of 1.6 million were offset by nearly 1.7 million customers who either canceled service or were ... Sprint PCS started 2003 on a sour note, and we continue to see no reason to buy the stock. PCS posted lousy March-quarter results, with sales falling 3% from the December period. In isolation, a revenue decline isn't always negative. But PCS added 199,000 net new customers in the period, which ... Sprint PCS had a surprisingly good June quarter, which is partially the reason for the lift in our fair value estimate. Second-period sales moved up 2.6% from a year ago, driven by 360,000 new subscribers--the most PCS has added in five quarters. The gain was not the result of PCS winning a greater ... The company's most recent negative news supports our theory that PCS should be avoided. The glaring problem in the September quarter, as it is every quarter for Sprint, was high customer disconnection rates. Although 1.7 million people walked in through Sprint's doors in the quarter, a 20% decline ... Sprint PCS PCS ended a miserable 2002 on a happier note: December-quarter results, reported Wednesday, showed a marked improvement from a brutal September period. In our opinion, the quarter's highlight was the addition of 250,000 wireless customers--nirvana after a decline in the September time ... A little good news doesn't change the fact that PCS is best avoided. In December 2002, Sprint PCS announced financial targets for the remainder of 2002 and all of 2003. For 2002, the company expects both EBITDA and capital expenditures to come in at $2.8 billion, which are improvements upon ... Sprint PCS PCS announced Monday that churn rates soared in the September quarter, mainly because the firm deactivated deadbeat ClearPay customers. This will result in a net subscriber loss for the period and a reduced EBITDA forecast. Morningstar readers shouldn't be surprised by the news; our ...