Tag Archives: metro

Ask TmoNews: What Does The MetroPCS Merger Mean For Me?

With the shareholder vote behind us, the T-Mobile/MetroPCS merger is free to close and is expected to do next Tuesday.  With that closing date just 96 hours away, it’s time to take a step back and understand how this deal will affect you, the T-Mobile customer. The truth is that for now, you won’t see any changes other than the continuation of T-Mobile’s new UNCarrier/Simple Choice strategies as they refarm their network … [read full article]

MetroPCS Releases First Quarter Numbers, Expects T-Mobile Deal To Close April 30th

metropcsandroid

As MetroPCS shareholders voted in favor of a merger with T-Mobile yesterday, the company announced its first quarter 2013 financials. The good news is that MetroPCS is making money with a new income of $19.4 million for the first quarter, down from $21 million a year ago. Metro announced that they expect the T-Mobile deal to close on April 30th. Metro … [read full article]

As T-Mobile Deal Looms, Steep Competition Leads To Subscriber Loss For MetroPCS

In the prepaid race, MetroPCS has always been at the forefront of competitive offerings, which makes its unfortunate that the company reported a net loss of 93,000 subscribers in the fourth quarter. As Metro faces increased competition, the company dropped to 8.9 million subscribers overall. The dip in subscribers this morning comes as the company prepares for its merger with T-Mobile … [read full article]

As MetroPCS Share Price Drops, Will Other Suitors Reconsider Making Competing Bids?

Since the announcement of the MetroPCS merger with T-Mobile USA, the company’s shares have dropped 27 percent. The decline in share price could potentially leave the door open for other suitors, including Sprint and Dish Network, though both companies seem unlikely to make bids. Given that Sprint has just announced their intent to buy 100% of Clearwire and Dish continues its search for a national carrier to partner with, MetroPCS shareholders … [read full article]