T-Mobile is making good on its promise to expand MetroPCS coverage with the launch of 15 additional markets less than three months after finalizing their merger. MetroPCS will introduce two new smartphones, the Nokia Lumia 521 and LG Optimus F3 in the new cities along with six additional … [read full article]
John Paulson, the billionaire hedge-fund manager and one-time opponent of the T-Mobile/MetroPCS rumor is now calling the new company a “likely takeover target” for Dish Network or Sprint. Paulson, who become a 2.3 percent shareholder in T-Mobile US when the company merged with MetroPCS will hold his stake in the company in … [read full article]
In a slightly shocking move, AT&T announced it has agreed to acquire Leap Wireless for $1.19 billion in cash. The deal, which works out to $15 per share for Leap shareholders is a 88% premium on the Leap closing price this afternoon. AT&T announced the deal includes Leap’s licenses, network assets, retail stores and around five million subscribers. Leap has long been tossed [read full article]
There hasn’t been a shortage of T-Mobile takeover, merger, acquisition rumors in as long as I can remember, but at least this time around T-Mobile is yet again considered a potential buyer. According to Macquarie Capital analyst Kevin Smithen the timing may be right for a T-Mobile takeover of Leap Wireless. “T-Mobile’s share price has … [read full article]
With Dish Network abandoning its attempt to scoop up Sprint Nextel out from under SoftBank, the question now becomes where will they look next? Dish has made it perfectly clear that it wants to succeed and work in the wireless space, which begs the question about where … [read full article]
Looks like those rumors on T-Mobile supported devices heading to MetroPCS shelves on June 12th were spot on as the company launched a bring-your-own-device service this morning. The service, which supports GSM-based Android phones and specific versions of Apple’s iPhone. The news, which had leaked back on June 4th but [read full article]
It’s about time another T-Mobile buyout rumor surfaced because we’ve clearly gone way to long without one of those. This time Reuters is reporting that SoftBank, the Japanese carrier is eyeing a possible deal with T-Mobile if their Sprint buyout falls through. SoftBank and Deutsche Telekom had been … [read full article]
We knew this day would come and thanks to a trio of screenshots leaked to the boys at PhoneArena, we know an actual date. Beginning June 12th, MetroPCS customers will have the opportunity to use compatible unlocked … [read full article]
Though the T-Mobile and MetroPCS merger has been ‘news’ for a while now, the deal officially begins this morning with all necessary regulatory approvals and shareholder votes in the bag. The new partnership, combining … [read full article]
As MetroPCS shareholders voted in favor of a merger with T-Mobile yesterday, the company announced its first quarter 2013 financials. The good news is that MetroPCS is making money with a new income of $19.4 million for … [read full article]
