Post Tagged with: "MetroPCS"

T-Mobile’s Record Customer Growth Brings Loss

The numbers are in for T-Mobile’s first quarter and they are certainly impressive. The “Un-carrier” managed to add 2.4 million new customers in the three month period, more than AT&T and Verizon combined. This is the fourth quarter in a row where T-Mobile has added over 1 million subscribers and the first time it has [...]

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Sprint Reportedly Considering T-Mobile Merger

Could the big four wireless carriers become the big three? It’s a possibility, according to a report from the Wall Street Journal that Sprint is preparing a bid for T-Mobile. The report cites the usual unnamed people that are close to the matter as sources for the potential deal, which could be worth more than [...]

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T-Mobile Customer Growth Continues in Q3

T-Mobile’s turnaround continued in the third quarter of the year as the carrier added over one million customers. Net customer additions were 672,000 for the quarter as the churn rate fell to 1.7% from 2.3% a year earlier. Overall, T-Mobile now has more than 45 million customers. Revenue was also up in the quarter, due [...]

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T-Mobile’s New Strategy Attracts 1.1 Million New Customers for Q2

T-Mobile saw its strongest customer growth in four years during the second quarter. The carrier added 1.1 million customers, of which 678,000 were for the T-Mobile and MetroPCS brands. After several years of continuing customer losses, T-Mobile is finally on the road to recovery and expects total branded customer additions to exceed one million for [...]

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T-Mobile’s Strategy Reportedly Attracts Subscribers

T-Mobile, the fourth largest wireless carrier in the U.S., has apparently added subscribers for the first time in three years. The news was reported by unidentified sources ahead of the release of the company’s latest quarterly reports. If true, the gains mean that T-Mobile has reached a significant milestone in its ongoing attempt to turn [...]

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T-Mobile Drops $308 Million on U.S. Cellular Spectrum

Wireless carriers can’t get enough spectrum and T-Mobile is no exception. The carrier has signed a deal with U.S. Cellular to buy 10MHz of Advanced Wireless Services (AWS) spectrum for $308 million in cash. 32 million people and 29 markets in the Mississippi River Valley area are covered by the spectrum, including St. Louis, Nashville, [...]

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T-Mobile Sells 500,000 iPhones in Q1, but Revenue Falls 7%

T-Mobile has released its full report for the first quarter including the carrier’s first iPhone sales numbers. After a long delay, T-Mobile finally added the iPhone to its lineup last month and has since sold 500,000 iPhone 5 smartphones. While that number is far less than the iPhone sales reported by other carriers, it’s important [...]

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T-Mobile and MetroPCS Merger Finalized

The merger of T-Mobile and MetroPCS is now complete and the newly combined company has begun trading on the New York Stock Exchange under the ticker TMUS. MetroPCS brings nearly 9 million subscribers to T-Mobile’s 34 million. Both brands are expected to continue, though the company plans to migrate MetroPCS customers over to the T-Mobile [...]

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MetroPCS Shareholders Approve Merger with T-Mobile

After months of will-they-won’t-they, T-Mobile and MetroPCS are finally set to complete their merger following approval from MetroPCS shareholders. The deal had already been given the all clear by the boards of both companies, as well as the Federal Communications Commission and Department of Justice. With all the obstacles now cleared, the two companies are [...]

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MetroPCS Shareholders Support New Terms from Deutsche Telekom

The merger between T-Mobile and MetroPCS is back on track thanks to the sweetened offer Deutsche Telekom made last week. In order to address shareholder concerns, Deutsche Telekom, the parent company of T-Mobile, revised the terms of the merger to reduce the debt of the combined company by $3.8 billion. That move brings the debt [...]

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