MetroPCS (PCS) may buy more than $1B of assets from bankrupt satellite operator TerreStar...

|By:, SA News Editor

MetroPCS (PCS) may buy more than $1B of assets from bankrupt satellite operator TerreStar (TSTRQ.PK), though sources caution other parties are also interested and no offers have been made yet. MetroPCS is looking to acquire more spectrum as it upgrades its network for high-speed data services.