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: We have no other buyer but T-Mobile

MetroPCS reiterated its call to shareholders to approve its merger with Deutsche Telekom's T-Mobile USA, arguing that no other company has emerged since last fall to make a counter bid for the company.

Report: T-Mobile will offer rate plans with handset subsidies through third-party retailers

T-Mobile USA will continue to offer its traditional Classic plans with device subsidies at third-party retailers, according to a TMoNews post. The company had previously announced that it intends to switch exclusively to offering its Value plans without device subsidies later this month.  

MetroPCS shareholder slams company, Linquist over T-Mobile deal

With shareholder approval essentially all that stands between T-Mobile USA merging with MetroPCS, one minority institutional MetroPCS investor is doing all it can to draw attention to what it sees as the flaws in the deal.  P. Schoenfeld Asset Management LP,   whose holdings represent about 2 percent of MetroPCS shares, sent a letter to MetroPCS shareholders urging them to vote against the deal and promising to deliver a white paper that explains its opposition.

FCC approves T-Mobile/MetroPCS merger

The FCC approved T-Mobile USA's proposed merger with MetroPCS, putting the deal one step closer to completion. The transaction has received approval from the Department of Justice and must now be approved by MetroPCS' shareholders, who are set to vote on the deal April 12.

MetroPCS urges shareholders to approve T-Mobile deal

MetroPCS sent a letter to its shareholders urging them to approve its planned merger with T-Mobile USA when they vote on the deal April 12, arguing that minority shareholders are spreading misperceptions about the agreement. Meanwhile, a lawyer for the Communications Workers of America union said in an FCC filing that the commission may approve the deal at the bureau level rather through a formal vote by the FCC's five commissioners.

Report: T-Mobile to cull jobs at HQ ahead of MetroPCS deal

T-Mobile USA is preparing to cut jobs at its headquarters in Bellevue, Wash., ahead of its planned merger with flat-rate carrier MetroPCS, according to multiple reports.

Ericsson upgrades MetroPCS' LTE network to better handle VoLTE, RCS

Ericsson is upgrading MetroPCS' LTE network with enhanced capabilities to support services such as Voice over LTE and Rich Communication Services. The news comes as MetroPCS works toward completing its planned merger with T-Mobile USA.

Democratic lawmakers push T-Mobile not to cut jobs after MetroPCS deal closes

A group of House Democrats urged the FCC to ensure that T-Mobile USA will accept measures to protect jobs as a condition of the FCC's approval of T-Mobile's merger with flat-rate player MetroPCS.

Investors push MetroPCS to update filings ahead of vote on T-Mobile deal

MetroPCS is facing pressure on multiple fronts from minority shareholders over its proposed merger with T-Mobile USA, with its largest single investor coming out against the deal and another one urging the company to update its regulatory filings ahead of a shareholder vote on the deal. 

GSMA planning VoLTE 'how-to' guide for carriers

The GMSA will create an end-to-end implementation guide to help mobile operators better understand how to deploy VoLTE on their networks, according to a senior executive in the organization.