The Sprint (S) board schedules a noon phone meeting to discuss the possibility of renewing its...

|About: Sprint Corporation (S)|By:, SA News Editor

The Sprint (S) board schedules a noon phone meeting to discuss the possibility of renewing its pursuit of Metro PCS (PCS), say sources. When the board rejected what looked like a sealed deal for MetroPCS in February, Sprint's stock was just $2/share, but after a rally to $5, progress on the network upgrade, and the iPhone investment paying off, directors may have a change in attitude.