Today MetroPCS shareholders approved the merger with T-Mobile USA, after Deutsche Telekom had sweetened their offer last week. The proposed deal gives Deutsche Telekom a 74 percent stake in the merged entity and MetroPCS shareholders a $1.5 billion cash payment. Once the transaction is complete, T-Mobile will gain 9 million subscribers, boosting their total customer base ... Read More »
Almost one year ago, in May of 2012, it was revealed that T-Mobile and MetroPCS were in talks to form a merger, shortly after a merger between T-Mobile and AT&T fell through. It took roughly five months for both companies to sign off on the deal, and since October, we’ve been waiting to hear if ... Read More »
T-Mobile’s new CEO John Legere has only been on the job a month, so we haven’t seen him do too many interviews yet. This week he appeared on CNBC to address the skeptics that have called the merger with MetroPCS a shotgun wedding. Mr. Legere explained that the new spectrum from MetroPCS will make their ... Read More »
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Today the boards of Deutsche Telekom and MetroPCS approved a merger with T-Mobile, but there was an interesting twist to the deal. The deal will be structured as a reverse merger, meaning the smaller MetroPCS “will swallow its larger rival” T-Mobile, but the combined company will keep the T-Mobile brand.
T-Mobile’s parent company Deutsche Telekom will ... Read More »
T-Mobile is gearing up to become a real challenger to the larger wireless carriers in the US. They just announced a new CEO, sold some tower rights to raise $2.4 billion, and now Bloomberg is reporting their parent company Deutsche Telekom is making a move to acquire MetroPCS. The ... Read More »
While addressing shareholders at the company’s annual meeting in Cologne, Germany, Deutsche Telekom CEO Rene Obermann told investors that a complete takeover of T-Mobile USA was out of the question after AT&T’s very public failed bid last year. Obermann did tell investors that it was considering all other options, including a potential merger of ... Read More »
After their plans to take over T-Mobile USA were thwarted in the 11th hour by a $39 Billion bid from AT&T, Sprint was scratching its head as to what to do next. It announced a partnership with Lightsquared, though that deal is now doomed as Lightsquared has failed to gain FCC support of its next-generation ... Read More »
MetroPCS announced two new 4G LTE devices yesterday, but they had something perhaps even more interesting at their booth at the Pepcom media event last night.
So what’s so special about this phone? Well Samsung has added an extendable antenna to this Galaxy S class phone that allows you to tune in to ... Read More »
Metro PCS is the latest U.S. carrier to launch the HTC Wildfire S, making it the first HTC device to launch on the bargain network. The phone comes with a 600 MHz Qualcomm processor, a 3.2” HVGA display, 5 megapixel camera, 512MB RAM and 512MB internal memory, Android 2.3 (Gingerbread), and HTC Sense. The HTC ... Read More »
Want to be the first of your friends to get the latest on the Galaxy Nexus from Samsung? Keep reading our blog and we will do our best to take care of you, but you might also want to head over to Samsung.com and sign up to be notified when official news ... Read More »