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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…
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…
MetroPCS passed all regulatory hurdles standing in the way of its merger with T-Mobile USA, but now the carrier faces a vote from its stockholders. A special meeting to decide the fate of the T-Mobile merger will be held on April 12th, and, according to Reuters, a thumbs-up vote is not a given. MetroPCS is…
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…
The FCC has ruled that the proposed merger between MetroPCS and T-Mobile is a go today, ending months of speculation and negotiation. The merger represents a great opportunity for T-Mobile, as it gives the company a chance to expand its LTE services. According to news released last year, MetroPCS customers will have access to T-Mobile’s 3G service…
Samsung Galaxy S III users on Metro PCS are about to get their first taste of Jelly Bean. MetroPCS last Friday started rolling out a new 400MB update for the Samsung Galaxy S III, with users expected to receive the update early this week. This is great news for Metro PCS. Bringing their version of the Galaxy…
MetroPCS today reported a pretty solid fourth quarter that saw the company gain a 26 percent LTE customer base, and $1.3 billion in revenue for Q4 and $5.1 billion total in 2012. In fact, revenues are at an increase of 4 percent compared to the fourth quarter of 2011. The prepaid carrier’s most encouraging news…
The proposed merger of T-Mobile and Metro PCS is facing some scrutiny from an investment advisor with 7.5 million shares of MetroPCS stock voicing his opposition to the proposed merger with T-Mobile USA, announcing that he will vote against the merger. P. Schoenfeld Asset Management, which holds 2% of MetroPCS shares, sent communications to both…
MetroPCS today announced its latest mid-range Android device, the LG Spirit 4G. The new handset carries a 4.5-inch display and it is powered by a 1.2 GHz dual core processor that runs on Android 4.0 Ice Cream Sandwich out of the box. In addition the Spirit 4G is LTE capable, packs a 2150 mAh battery,…
Cricket has its Muve Music offering and MetroPCS wants to have something comparable. To that end, the carrier has teamed up with Rhapsody to allow its users to add the popular music service to their existing plans. Available now, MetroPCS customers can add Rhapsody for $5 to its newly simplified $40, $50 and $60 monthly…