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 boosts revenue, but ARPU declines

MetroPCS reported a bump in revenue and reported a profit for the fourth quarter and the full year, but saw its ARPU decline. The flat-rate carrier posted total revenue for the quarter of $724

MetroPCS, Leap, Virgin stay strong despite economic downturn

Some wireless segments, such as prepaid are thriving as consumers turn to wireless providers that don't require two-year contracts and credit checks. The wireless industry is happily bobbing like a

Boost Mobile plan sparks fears of price war

Boost Mobile's decision to launch a $50 per month unlimited voice and data plan on the iDEN network has sparked fears of a coming price war in the U.S. wireless market. Sprint Nextel's prepaid unit

Leap has 385K net adds in Q4

Leap Wireless had 385,000 net subscriber additions in the fourth quarter, up from 152,000 in the fourth quarter last year, giving a boost to the flat-rate carrier amid the economic recession.

MetroPCS had 520K net adds in Q4

MetroPCS had 520,000 net additions in the fourth quarter, boosting its presence in the wake the launch of its nationwide service plan and roaming agreement with rival Leap Wireless. The company's

Five themes for wireless in 2009

This is the time of year when various industry pundits opine with their "year-in-review," "predictions," and related columns. My contribution to this effort is to outline five broad themes that I

U.S. Cellular, other small U.S. operators continue to lag behind

When Verizon Wireless' $28.1 billion acquisition of Alltel closes, there will be no U.S. wireless networks with between 7 million and 30 million customers, and the gap between small operators and

MetroPCS launches nationwide plan

MetroPCS announced a new service coverage plan, Unlimited Nationwide, which it says will be available in 300 cities in the contiguous United States, and takes advantage of the company's roaming

MetroPCS adds 249K subs in Q3

MetroPCS saw a drop in third quarter net profits, despite a 23 percent rise in revenues, mostly because of higher costs that the regional carrier took on from adding subscribers as well as a drop in

MetroPCS net adds top 249K in 3Q

MetroPCS released some subscriber metrics ahead of its full third quarter results. The company had gross additions of 935,000 subscribers in the quarter, up 39 percent from the third quarter of 2007.