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Business is a lot like dating. You keep hitting on other people in the hopes that you’ll be able to score that meaningful relationship that makes both parties happy. But, if the same hottie keep burning you with super-cold rejection, you just have to call it quits.
MetroPCS apparently can’t stand the constant rejection by Leap Wireless – they’ve announced that they will stop pursuing Leap Wireless for acquisition. MetroPCS released a statement that the company “has not been able to engage Leap in meaningful negotiations.” And, to rub some salty insult into that wound, Leap CEO Doug Hutcheson stated that the deal was “completely inadequate in a number of critical areas.” Leap Wireless’ shoulder is a cold one indeed.
Meanwhile, MetroPCS has successfully broken into the coveted Los Angeles, CA. market, so they’re not doing too badly. Still, it’s gotta be pretty harsh, making public their “inadequacies” and all.
Update: It seems Leap is still open to negotiations with MetroPCS. We think the two companies would be better by joining forces, so we’ll see what happens.
[Via: RCRNews]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
