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


Latest Headlines

Latest Headlines

MetroPCS interested in a Leap tie-up, but mum on details

MetroPCS appears to be interested in a merger with prepaid rival Leap Wireless, but a key company executive declined to elaborate on the topic. "Obviously, we're very interested in the combination of

Analyst: Possible MetroPCS-Leap merger not likely until 2011

Rivals MetroPCS and Leap Wireless probably won't embark on a possible merger until the second half of 2011, an analyst said, casting doubt on speculation that the two prepaid unlimited carriers are

MetroPCS to launch prepaid LTE and avoid subsidies

Flat-rate prepaid operator MetroPCS's LTE-service-offering strategy appears to resemble that of Clearwire's WiMAX offering. During the company's fourth-quarter earnings call, MetroPCS CEO Roger

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Leap Wireless reported a wider-than-expected loss in the fourth quarter, but saw subscriber growth pick up compared with the third quarter. The company said it is confident that it will see improved

MetroPCS bounces back in Q4 as profit surges

MetroPCS surged back in the fourth quarter as its profit doubled and its subscriber growth returned after a shaky third quarter. The carrier posted net profit of $33.1 million, up from $14.6 million

What is the future of prepaid unlimited?

2009 was a busy year for prepaid carriers as they jockeyed for leadership by cutting their prices and adding new features. What does the future hold for these firms? The main U.S. prepaid unlimited

Report: MetroPCS hires advisers for possible Leap purchase

Prepaid wireless player MetroPCS hired a pair of high-powered investment banking firms to advise it on a potential purchase of longtime rival Leap Wireless, according to a Reuters report. Citing

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Cox begins LTE voice and video trials

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