MetroPCS CFO Doesn’t See An AT&T, T-Mobile Deal Happening Anymore

MetroPCS Communications Chief Financial Officer J. Braxton Carter expressed his belief today that AT&T’s attempt to buy T-Mobile is now very likely to fail. Carter spoke at the UBS AG event In New York and his words were notable as AT&T was once thought to be in talks with MetroPCS to buy some of T-Mobile’s divested spectrum. Carter further stated that attempts to save the deal is “almost kind of moot at this point given the intense opposition by the government” and that both companies need to move on to “Plan B.”

Recent rumors have pegged AT&T talking with Leap Wireless in the hopes they can find a partner to buy some assets as part of the T-Mobile transaction. With the comments from MetroPCS however, AT&T’s rumored and likely partnership opportunities seem to be dwindling fast.

Business Week

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  • Anthony in Utah

    What will ever happen to our beloved T-Mobile if no one buys it? ;-( 

    • Anonymous

      Probably business as usual.  I don’t think DT will let T-Mobile USA go unless it’s a REALLY sweet deal.  The at&t one was REALLY sweet.  There’s still Dish Network or Cox that hold AWS spectrum that T-Mobile USA could partner with.  Remember, T-Mobile USA doesn’t lose money every quarter when all is said and done but they are losing customers and market share.

      • Tmofan

        not happing dish and cox sold there aws spectrum to verizon last week

        • Anonymous

          It was every cable company EXCEPT Cox and Dish

        • Rwalford79

          And Cox said they are getting out of the wireless business so that spectrum will be sold off likely to Verizon.

        • Anonymous

          Yeah I’m sure the FCC would have no problem with Verizon buying ALL the AWS spectrum.( <—sarcasm.)  Even the sale Verizon announced yesterday hasn't been approved by the FCC so there's no way you can know what's going to happen.

        • Tmofan

          i am sorry. yes i was wrong. my bad :)

        • Littlesis1774

          If Dish wants once more then likely Verizon will get it too.

        • jon

          Wrong. It was the time Warner cable co. (Brighthouse, time Warner, and Comcast)

      • Littlesis1774

        DT is going to pull out regardless that why they had this deal in the first place. They don’t want to be in the US market anymore. When DT gets the break up fee they won’t invest into T-mobile USA. T-mobile future is bleak very bleak

        • Tbyrne

          Hopefully your negative “we’ll never make it” outlook will explode back in your face. I can’t wait!

  • Tbyrne

    That Carter’s a smart CFO! Too bad Randall can’t get it thru his thick skull the deals over and throw in the towel so TMOUS can move forward.

  • A storm of gravy and turtles

    I actually want AT&T to buy T-MO and im a magenta

    • Tbyrne

      Doesn’t matter anymore does it? Deals dead. I’m happy as hell!

      • Littlesis1774

        You  know Tbyrne  that T-mobile is going to get sold off. I think DT only choice is Vodafone.

        • Tbyrne

          Thanks for clearing that up lilsis. I didn’t know you could foretell the future.

        • Littlesis1774

          They will sale it and they were looking Vodafone before AT&T came

    • Cityofnewyork3000

      Keep dreaming.

    • Jeffreygreen1315

      Since it doesn’t look like that’s going to happen; see you  later after you find out how bad ATT&T’s CS is. I’m sure they would like to have you!

    • http://www.joshrobertnay.com Respawn

      Here’s a quarter … you know the story. ;)

  • jon

    CFO is chief financial officer…I’m sure that was just a typo..

    • ItsMichaelNotMike

      HUH? Why would you think that. Your comment is a typo.

      A CFO is high up in the corporate ladder (because he or she is privy to all of what goes on within a company).

      So a CFO rendering an opinion is just as significant as a CEO or COO opining about perceptions.

      • jon

        David had a typo..it is now fixed. Thanks for you lengthy, and completely useless post though.

        • ItsMichaelNotMike

          It is “your” not “you.” :)

        • Anonymous

          lawl

  • Youngt82

    To be honest I think AT&T doesn’t need this deal anymore anyways. They got an LTE network now and are bring top of the line Android phones and they still got the iPhone so merging with T-Mobile would be pretty dumb at this point.

    • http://pulse.yahoo.com/_AWWIKW6MNPUHOC4OVSHWUDWAHM Fabio

      They only wanted T-Mobile to eliminate a low priced national carrier. Because T-Mobile’s low prices keep AT&T and Verizon rate plans in check.

      • Bratty

        Not really correct. Tmo’s low prices do nothing for keeping “prices in check”. Just look at subscriber numbers. ATT actually wanted spectrum, not to eliminate competition.

        • AfroLogic

          You cracked in the head!

        • http://customresearchpaper.net/ research papers

          yes)))

        • Isaacrayray

          Actually, you’re wrong. Just because they have more subscribers doesn’t mean T-Mobile isn’t competition. I don’t think you understand what the word competition means.

        • Anonymous

          Thats debatable….tmo is cheaper than the big two, but look at subscriber gains and losses. The big two prob dont see tmo as a threat…..sprint is the only other national going after tmo in ads. Tmo has to be cheaper….its their primary advantage over the other nationals.

        • Littlesis1774

          The only customers T-mobile USA got was prepaid they still lost more customers they gain

        • Tbyrne

          But I and many others here pay much less a month than you do and get much better service according to many surveys out there. So who’s the real fool here? Ha! Thought so.

        • Hairtodaygonetomorrow

          As long as they had the spectrum they were competition. It’s a land grab for spectrum AND getting rid of the headaches of somebody else out there that “looks good” who is selling their services at a better price point. 

  • Rwalford79

    As we all know, when companies claim something won’t happen, it does. When they claim its happening, it really isn’t. So go figure.

  • http://pulse.yahoo.com/_754CE4U3P3WQALTBDQI7B3TVL4 Sarah

    my roomate’s step-aunt makes $81/hr on the computer.  last month her paycheck was $8330 just working on the computer for a few hours, she is just one example of many people  learned Kelly Richard’s ways ….  MakeCash1.???

  • http://pulse.yahoo.com/_AWWIKW6MNPUHOC4OVSHWUDWAHM Fabio

    This means MetroPCS is just unable to help save AT&T’s deal with T-Mobile. Even if AT&T now runs to Leap wireless, there’s no way this merger can be saved unless MetroPCS and Leap merge and form a national carrier. But MetroPCS has said it doesn’t want to become a national carrier, so AT&T can’t replace a fourth national carrier so this means that the deal is dead. YAY!

  • BigMixxx

    Well…if a CFO of a company OPENLY says that it may not happen…..It may not happen….

    • AfroLogic

      You cracked in the head! CFO’s get fired all the time.

      • BigMixxx

        LOL…I should have said a good CFO.
        A CEO would get fired before a good CFO.  Count the number of CFO’s that have been fired in the last 2 years.  Really, difficult task…  A good CEO really does not have to know jack (relatively speaking outside of company initiatives and what he must know how to do — Mark Hurd — Prime example) but be the face of the company and how to hire REALLY good people, more importantly a CFO they trust and a staff that knows how to execute a vision.A good CFO, builds a staff of exceptional accountants, in some cases more than any other staff in the environment.  CFO’s have to know about EVERY dime in the company.  And I must admit, this guy, to keep metroPCS afloat with a market cap of 3 billion, repaying significant debt 2 years early, willing to take a BIG hit in price and rebuild the company… as a carrier considered regional, more than leap/cspire, tells a good story.In this case, Metro, more than likely looked at the financial aspects of an acquisition of T mobile asests and said no…too expensive.  LEAP will do the same….

  • HK

    Guys! It may be a spectrum war but it seems Apple is behind this because they can’t see T-Mobile churning out the Androids every day. T-Mo and Verizon have been on fire with Androids and Apple don’t want to give iPhone to T-Mo. so easy is to buy them out and dertail the Android train.

    • Littlesis1774

      If T-mobile been on fire with their androids then how come they lost over 300,000 customers

      • Tbyrne

        You failed to mention the 300,000 subscribers they added through resellers. Go find your rock.

        • Littlesis1774

          Was it prepaid or contract

        • Tbyrne

          Since it’s true, what does it matter?

  • Littlesis1774

    Did T-mobile just hit the iceberg

    • Tbyrne

      No, but you stated the same thing in another article. If it turns out that this deal is dead, like it looks to be, let’s hope you’ll crawl back under the rock you came from.