T-Mobile and MetroPCS announced jointly today that the merger between the two companies is complete. MetroPCS will come under the T-Mobile umbrella and the combined companies will be known as T-Mobile US. It will be traded as TMUS. For customers, there will be no immediate changes to their service. Eventually, though, T-Mobile will shut down MetroPCS’ service and will repurpose the wireless assets for its 4G and LTE service. With this acquisition, T-Mobile will now have 43 million subscribers and coverage that extends to 301 million people. According to T-Mobile’s … Read more

T-Mobile USA said it won’t shut down its GoSmart Mobile prepaid brand even after it closes the acquisition of MetroPCS. This in turn would leave the Deutsche Telekom-owned operator with two different prepaid brands. According to the telco’s spokeswoman Kari Ramsey, GoSmart Mobile is still going strong and it will be a “a complementary offering to both T-Mobile and MetroPCS offerings.” T-Mobile launched GoSmart nationwide in February, making it available at three price points ranging from $30 to $45 per month. The first option includes no mobile data whatsoever whereas … Read more

According to Bloomberg and Reuters, MetroPCS shareholders voted today on the proposed merger with T-Mobile and approved the deal. The merger has received approval from the FCC and the Department of Justice and was given the green light by the board of directors from both companies. The deal could close in the first half of this year and will bring 9 million new customers to T-Mobile. T-Mobile will also get access to MetroPCS’s regional cellular network, which will help the carrier as it builds out its 4G LTE network. [Via … Read more

To say that the MetroPCS battle between its shareholders has been a soap opera is an understatement. T-Mobile merging with the small prepaid carrier has cleared every legal hurdle possible, including the blessings of the FCC and DOJ. However both companies have been at the mercy of MetroPCS’s shareholders — until today.  A huge shift has transpired that may have swayed the momentum back to both companies, as the largest shareholder has finally given the nod to the merger. Paulson & Co. MetroPCS’ largest investor has been a thorn in … Read more

T-Mobile and MetroPCS now have the green light to go ahead with the merger that’ll bring the regional carrier under the ownership of the Deutsche Telekom subsidiary. According to a press release from T-Mobile, the two carriers have  received all regulatory approvals necessary for the merger. The latest thumbs up came from the Committee on Foreign Investment in the United States which told Deutsche Telekom that “there are no unresolved national security concerns” with the transaction. Next up is a special meeting for MetroPCS stockholders to vote on the merger. The meeting will … Read more