MetroPCS has moved the date of its shareholders meeting back to April 12th. The special meeting will allow MetroPCS stockholders to vote for the pending T-Mobile merger. Following the meeting and the votes, MetroPCS believes that its merger with T-Mobile will be completed shortly after. MetroPCS encourages all of its shareholders to vote in favor of the proposal using their GREEN proxy card.
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‘metropcs’ Stories
MetroPCS moves back shareholders meeting to April 12th
MetroPCS announces three new plans, offers unlimited 4G
MetroPCS has unveiled new calling and data plans for current and future subscribers alike. The three new plans are in effect as of now, and are said to be "simple plans for a simpler life." Of the three plans it has rolled out, one has unlimited 4G mobile broadband, while all of them offer unlimited talk and text.
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Leap Wireless and MetroPCS offer mobile phone financing
Contract free wireless carriers are the way to go for many people around the world for a number of reasons. Traditionally one of the biggest drawbacks of going with a contract free wireless provider such as Leap Wireless or MetroPCS has been the fact that having no contract means you have to pay a large upfront price for a smartphone. Some of those upfront costs can be as much as $500 depending on the device chosen.
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Samsung Galaxy Admire 4G arrives on MetroPCS
To add to its collection of budget-friendly handsets, regional carrier MetroPCS has announced the Samsung Galaxy Admire 4G. It's available now for only $169 without a two-year contract, and compared to the previous Galaxy Admire, this one comes packing with more power, a larger screen, better battery life, and 4G LTE support.
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Dish Network tried to buy MetroPCS before T-Mobile
The Wall Street Journal reports that satellite TV giant Dish Network tried to purchase MetroPCS before T-Mobile stepped up and bought the prepaid cellular carrier. Dish Network reportedly offered $4 billion in August report people familiar with the deal. The four billion dollar offer valued MetroPCS at $11 per share.
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SlashGear Evening Wrap-Up: October 30, 2012
Welcome to Tuesday evening everyone. We had so many big posts today that it's hard to know where to start. Kicking things off, we're live at Microsoft Build 2012, bringing you the latest on Windows 8, Surface, and Windows Phone 8. We also went hands-on with the Samsung Nexus 10 and the LG Nexus 4 today, so be sure to check those out if you're thinking about picking up either (or both!) when they launch next month. Today we found out that Disney is buying out LucasFilm and that Star Wars Episode VII is in the works - both of those were major announcements for the millions of Star Wars fans out there.
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MetroPCS posts up Q3 2012 earnings
MetroPCS might just be a smaller regional carrier compared to T-Mobile, who is trying to acquire MetroPCS, but the regional carrier posted up its third quarter earnings for this year, and it looks like the company is doing fairly okay. MetroPCS posted a massive net profit of $193 million this quarter, which is $44 million more than the carrier made last quarter.
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Samsung Galaxy S III coming to MetroPCS October 22
Regional carrier MetroPCS announced last month that Samsung's Galaxy S III would be hitting its network sometime in October, and the carrier has kept up on its promise. The handset will be arriving to MetroPCS on Monday, which means you'll have a long weekend ahead of you if you're wanting in on the fun.
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MetroPCS shareholders sue to block T-Mobile merger
MetrosPCS shareholders have filed a lawsuit to block a merger with T-Mobile USA, claiming that the MetroPCS board is “serving its own financial interests.” The lawsuit is against T-Mobile and its parent company Deutsche Telekom in addition to MetroPCS' board of directors and CEO. According to the current deal in place, the shareholders will receive $1.5 billion cash and a 26% stake in the company, with the German Deutsche Telekom holding the other 74%.
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T-Mobile, MetroPCS merger may not close until Q2 2013
After a bunch of rumors, last week the merger between T-Mobile and MetroPCS became official. At the time, T-Mobile executives were saying that the merger would close sometime in the first half of 2013, and today, T-Mobile's parent company Deutsche Telekom is getting a little more specific about that window. In an interview with German newspaper Boersenzeitung (as reported by Reuters), Deutsche Telekom CFO Timotheus Hoettges said that money probably won't change hands until the second quarter of next year.
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SlashGear Evening Wrap-Up: October 5, 2012
We've arrived at another Friday evening, which means that the weekend lies ahead. Today, as many of you probably already know, was the one-year anniversary of the passing of Steve Jobs. Apple paid tribute to Jobs in a new video released today, and it was announced that three modified MacBook Pros will be auctioned off in memory of Jobs. On the lighter side of things, Lenovo is celebrating the 20th anniversary of the ThinkPad with a look back through time, and Samsung's profits for Q3 2013 managed to break company records (not an easy thing to do, considering how popular Samsung is).
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T-Mobile MetroPCS deal faces Sprint counter-offer threat
MetroPCS could be the target of a bidding war, with wireless industry whispers that Deutsche Telekom's bid to merge the carrier with T-Mobile USA may face a challenge from another US network. Although the agreement with Deutsche Telekom has already been announced as in incipient merger, a trio of sources speaking to Bloomberg claim ailing rival Sprint is weighing a counter-bid that could be submitted as early as next week.
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