Starting Friday, MetroPCS customers will already be able to feel the effects of T-Mobile's buyout in the form of three new phones that customers can start using right away on T-Mobile's 4G network.
Things look up for people seeking an even heartier features experience. Beginning June 17, MetroPCS will also stock its version of the Samsung Galaxy S3, riding T-Mobile's much faster 4G LTE than Metro's own network.
Today, … Read more
T-Mobile on Monday boosted the upfront cost of the iPhone by $50 to $149.99 for the 16GB version, which T-Mobile Financial Chief Braxton Carter said Wednesday was the company's plan the entire time. However, T-Mobile didn't say at launch that the lower price was temporary. And the increase -- which brings the total cost for the phone to $629.99 after two years of $20 a month payments -- comes only a month after the iPhone became available at T-Mobile.
"When we look at the overall landscape, there's no … Read more
T-Mobile will begin selling phones compatible with its network at MetroPCS stores later this quarter, according to T-Mobile Chief Marketing Officer Mike Sievert.
The goal is to sell only T-Mobile-compatible phones at MetroPCS stores by the end of the year. The move will help accelerate the migration of customers from the MetroPCS network to that of T-Mobile, Sievert told CNET on Wednesday.
T-Mobile was reborn today, appearing for the first time under the ticker TMUS as an independent and U.S.-based publicly traded company on the New York Stock Exchange. This follows the company's merger with MetroPCS. The … Read more
T-Mobile USA and MetroPCS have made it official and joined forces as one company.
Known as T-Mobile US as of Wednesday, the new combined company will bring together the networks, subscribers, and other assets. The newly united carriers together hold around 43 million subscribers as of March 31.
T-Mobile US's total coverage reaches around 301 million people. A full 228 million have access to 4G, while 200 million are expected to be covered by 4G LTE by the end of the year.
Had they united last year, the combined company's revenues would have reached $24.8 billion. Management … Read more
T-Mobile USA and MetroPCS can become one now that the merger deal has received the thumbs-up from MetroPCs shareholders.
MetroPCS shareholder approval, announced Wednesday, was the final step needed after the deal received approval from the boards of MetroPCS and T-Mobile USA parent Deutsche Telekom, as well as legal nods from the Federal Communications Commission and U.S. Justice Department.
The deal is now expected to close by May 1 at which time the new combined company will officially launch, according to Deutsche Telekom.
"This is a major step for Deutsche Telekom," Deutsche Telekom CEO Rene Obermann said … Read more
An inexpensive off-contract Android phone is hard to find, and for $99 after a $50 mail-in rebate, MetroPCS' Huawei Premia 4G has a particularly attractive price tag for a 4G Android 4.0 phone.
There are some very decent features for the price point, including a 5-megapixel camera with flash, a 1.3-megapixel front-facing camera, and a 1.5 GHz dual-core processor.
Yet, something has to give, and in this case it's the phone's battery life, and to a lesser extent, its voice quality. MetroPCS' 4G LTE network, while steady in my tests, also produces speeds you'd … Read more
MetroPCS is asking its stockholders to give the thumbs-up to the latest buyout bid from T-Mobile USA parent Deutsche Telekom.
Following months of talks with MetroPCS, Deutsche Telekom finally sweetened its buyout offer Thursday, prompting the board of MetroPCS to amend its terms for the proposed merger.
Amid some concerns over the deal, Deutsche Telekom reduced the amount of debt the combined company would take on from $15 billion to $11.2 billion. The interest on the debt will also be lowered by 50 basis points, allowing the combined company to more easily pay it back.
To address fears that … Read more
Major MetroPCS shareholders that have urged their fellow owners to scuttle the merger deal in the works with T-Mobile might have been heard by Deutsche Telekom after all.
Deutsche Telekom, T-Mobile's parent company, announced today that it has slightly modified the merger agreement between T-Mobile and MetroPCS to make it more amenable to the latter's shareholders. The new terms will see Deutsche Telekom reduce the amount of debt the combined company would take on from $15 billion to $11.2 billion. The carrier will also reduce the interest on those loans by 50 basis points, to make it … Read more
Deutsche Telekom, the owner of U.S. wireless carrier T-Mobile, is working on improved terms for the carrier's bid for MetroPCS, according to a report today in The Wall Street Journal.
Unnamed sources told the Journal that the German telecommunications company is probably going to announce the sweetened deal as early as Wednesday. The new terms, which could help save the merger despite shareholder protest, will likely reduce the amount of debt transferred to the new company, according to the report.