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
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Latest Headlines

MetroPCS' profit drops 48% as churn rises

MetroPCS reported a 48 percent drop in net income in the quarter, and the flat-rate carrier's net subscriber additions plunged while churn rose substantially. Metro's earnings and revenue both missed

Leap launches latest salvo in prepaid price war

Leap Wireless is adding more features to its unlimited prepaid plans, action that comes on the heels of major price cuts from Leap rivals MetroPCS and TracFone. Leap said it would add unlimited Web

Boost chief: We won't get pulled into price war

The head of Sprint Nextel's prepaid unit, Boost Mobile, said the carrier won't get pulled into a prepaid price war in the wake of rival MetroPCS' decision to cut the price of its unlimited plan.

MetroPCS unveils new $40 unlimited plan

The prepaid wireless market has turned into a game of limbo: How low can it go? MetroPCS today lowered the price of its monthly unlimited plan to $40 for limitless voice, texting and Web access. The

Analyst: Straight Talk plan getting traction in Atlanta

TracFone Wireless' Straight Talk $45 per month prepaid plan is gaining traction in Atlanta, according to Pali Research analyst Walter Piecyk. The plan, which was quietly unveiled a few weeks ago,

Ready Wireless jumps on unlimited bandwagon

Ready Wireless, a prepaid reseller in Iowa, has joined the unlimited game with two new plans that it believes will appeal to customers. The first plan offers three days of unlimited calling for

TracFone's $45 unlimited offer to 'stun' rivals

America Movil's MVNO TracFone Wireless quietly unveiled a prepaid, nationwide unlimited offering for $45 per month that includes unlimited text messaging and 30 MB of data. The service, running over

Boost takes swipe at MetroPCS' international calling plan

Taking aim at rival MetroPCS, a Boost Mobile executive called MetroPCS' recently introduced international unlimited calling plan "impossible" and urged customers to take a look at the fine print.

MetroPCS offers unlimited international calling

MetroPCS is offering its customers unlimited international calling to more than 100 countries for $5 per month. The deal is the latest option the flat-rate carrier has added to spruce up its prepaid

Report: 12 operators launching LTE in 2010

At least a dozen wireless operators will launch LTE networks in 2010, according to a new report from ABI Research. The research firm said that 34 million people worldwide are expected to have access