Metro PCS is the fifth largest facilities-based wireless telecommunications provider in the U.S. measured by the number of subscribers served. MetroPCS offers wireless broadband services to selected major metropolitan areas in the U.S. and provides a variety of wireless communications services to subscribers on a no long-term contract, paid-in-advance basis. As of December 31, 2010, it had over 8.1 million subscribers. In April 2007, MetroPCS Communications consummated an initial public offering of its common stock and became listed for trading on The New York Stock Exchange under the symbol "PCS." As of December 31, 2010, it held licenses for wireless spectrum covering a total population of approximately 142 million people in and around many of the largest metropolitan areas in the U.S. In addition, MetroPCS has roaming agreements with other wireless carriers that allows it to offer customers service in many areas when they are outside our service area. These roaming agreements, together with the area it serves with its own networks, allows its customers to receive service in an area covering over 280 million in total population under the Metro USA brand. Metro PCS provides its services using code division multiple access, or CDMA, networks using 1xRTT technology and, in all but one major metropolitan area, long term evolution, or 4G LTE, technology. It introduced the first commercial 4G LTE service in the United States in its Las Vegas and Dallas/Fort Worth metropolitan areas in September 2010 and launched the world's first dual mode 4G LTE/CDMA handset. Source: SEC Filings
Tag:

Metropcs

Latest Headlines

Latest Headlines

MetroPCS roars in Q2 with strong profit, subscriber growth

MetroPCS (NASDAQ:PCS) posted solid second-quarter results, and the flat-rate, prepaid carrier also said it is still on track to launch LTE services later this year. The company reported net income of

Leap overhauls voice plans, intros tiered data pricing

As expected, Cricket provider Leap Wireless (NASDAQ:LEAP) launched its BlackBerry Curve 8530 for $299, and also overhauled pricing for its voice and data plans. Importantly, the company introduced a

MetroPCS to skip 3G with LTE rollout?

While the LTE adventures of Verizon Wireless (NYSE:VZ), AT&T Mobility (NYSE:T) and LightSquared have managed to capture the bulk of the market's attention, regional, flat-rate carrier MetroPCS (

Appraising the global wireless handset market in the second quarter

As the second-quarter earnings season comes to a close for the world's handset makers, it's time to start parsing the information to see which vendors slipped and which managed to get ahead. Here

FCC approves Samsung LTE phone, likely for MetroPCS

The FCC approved what is likely the first LTE handset for the U.S. market, a Samsung-made phone that appears destined for MetroPCS (NASDAQ:PCS). The phone sports LTE capabilities in the 1700 and 1900

What is Sprint's trump card?

Sprint Nextel (NYSE:S) has a lot to smile about after its second-quarter earnings announcement. The carrier posted a net subscriber gain of 111,000 customers--its first venture into net subscriber

Verizon trials $50 prepaid unlimited plan

Verizon Wireless (NYSE:VZ) is testing a $50 prepaid monthly unlimited plan across the Southeast. Verizon spokeswoman Brenda Raney confirmed separate reports about the company's trial offering.

Harbinger forges $7B LTE pact with Nokia Siemens

Harbinger Capital Partners (a Fierce 15 winner) awarded an eight-year, $7 billion contract to Nokia Siemens Networks to provide the network design and equipment for its wholesale LTE network, which

LTE chips: A leading indicator of mainstream adoption?

As the industry moves from 3G to 4G technologies, LTE is coming into its own. In the U.S., Verizon Wireless has already targeted at least 25 markets for coverage by the end of 2010. MetroPCS is also

Rumor Mill: MetroPCS landing Motorola Android phone

MetroPCS (NYSE:PCS) is preparing to enter into the Android game with the launch of a smartphone made by Motorola (NYSE:MOT), according to leaked pictures and descriptions from the blog AndroidGuys.