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

Entner: T-Mobile returns to the fight in Q2

In the second quarter of 2013, the industry grew by 335,000 subscribers, which is the lowest subscriber-add number this millennium. A significant reason for the low growth is that approximately 1 million Lifeline connections had to be disconnected because the carriers were unable to verify eligibility. The industry make-up also changed considerably in Q2.

Chetan Sharma: Q2 'the lowest net-adds quarter in the U.S. mobile history'

U.S. wireless carriers added the lowest number of net new subscribers on record--139,000--in the second quarter, owing in large part to Sprint's shutdown of its Nextel iDEN network, according to a new report from Chetan Sharma Consulting.

M&A catches fire: 24M wireless subscribers moving from Tier 2 to Tier 1 carriers

After years of talking about mergers and acquisitions, the nation's top wireless carriers got down to business during the second quarter of this year, with T-Mobile US working to integrate its purchase of MetroPCS and Sprint closing on its purchase of Clearwire and netting an investment from Japan's SoftBank. AT&T also announced the purchase of Leap Wireless.  What does this all mean?

Updated: T-Mobile is fueling MetroPCS' renaissance, will AT&T do the same for Leap?

MetroPCS, which is now owned by T-Mobile US, has expanded its service to 15 additional markets. In addition, the company is able to offer customers access to T-Mobile's LTE network. Plus, MetroPCS' service is now being sold by an additional 325 resellers. Contrast this deal with AT&T's July 12 announcement of its plans to acquire Leap Wireless for $1.2 billion.

T-Mobile adds 1.1M subs in Q2, promises future disruptions

T-Mobile US surged back to strong postpaid subscriber growth in the second quarter, thanks in part to the addition of Apple's iPhone to its lineup. The company's "Un-carrier" strategy of providing cheaper, no-contract rate plans appears to be paying off so far, though the question will be how much momentum T-Mobile can retain throughout the rest of the year. The company promised no letup, and CEO John Legere said the company will unveil "Un-carrier 3.0" proposals to add more pressure to its larger rivals.

AT&T was only bidder for Leap, upped price by 58% in negotiations

AT&T previously passed on an opportunity to strike a deal with no-contract wireless carrier Leap Wireless but was ultimately the only bidder for the company and wound up paying 58 percent more than it had initially offered, according to a securities filing.

T-Mobile to launch wider, 2x10 MHz channels for LTE by year-end

T-Mobile US will expand the spectrum channels it is using for LTE service to 2x10 MHz in the vast majority of the major markets across the United States by year-end, the company said.

T-Mobile expands MetroPCS footprint by 50M POPs, adds $40 rate plan

Less than three months after its merger with MetroPCS, T-Mobile US said it has expanded the MetroPCS footprint by 50 million POPs. Along with starting service in 15 new metro areas, T-Mobile also said it is expanding its bring-your-own-device service to all MetroPCS customers.

Regional operators disappearing in wake of industry consolidation

The fate of the regional operator is in question in light of the recent consolidation in the U.S. wireless industry. Research firm iGR estimates that the number of subscribers serviced by regional operators has dwindled from 22.2 million in 2012 to 12.5 million today. And with AT&T Mobility's planned $1.2 billion acquisition of Leap Wireless, that number will likely drop to 8 million or fewer by the end of 2013.

Report: T-Mobile or Dish increasingly likely to swallow Leap Wireless

With its integration of MetroPCS' assets proceeding smoothly, is T-Mobile US gearing up to acquire yet another regional operator, such as Leap Wireless?