![]() T-Mobile is a GSM carrier that has completed its LTE backhaul capability, but that hasn’t built out LTE service yet. Right now, MetroPCS is a small CDMA carrier that made an early move into LTE. wireless market, which Legere confirmed.īut wait, as they say on TV, there’s more. Obviously, the goal is to become a significant challenger in the U.S. ![]() When it’s all over the resulting company, which T-Mobile CEO John Legere told eWEEK will still be called T-Mobile, will then begin an aggressive expansion, opening a total of 70,000 retail outlets nationwide. The resulting company will have 42.5 million subscribers, meaning it will be somewhat smaller than Sprint, which has about 55 million subscribers. MetroPCS, which is a publicly traded company (NYSE PCS), will get 26 percent of the new company and will pay its stockholders a little more than $4 per share. ![]() T-Mobile will be spun off from Deutsche Telekom and will form a new company with MetroPCS that will be primarily owned by DT, which gets 78 percent of the new company. That is, no one except perhaps Sprint and AT&T. No one, it seems thinks this is a bad idea. Instead, the announcement was greeted with a surprisingly positive reception. arm of T-Mobile and MetroPCS would accomplish a complex merger in 2013, there was little if any of the usual gnashing of teeth by public interest groups worried about concentration of market power in the mobile carrier market. When executives from Deutsche Telekom, T-Mobile USA and MetroPCS announced on Oct. We may make money when you click on links to our partners. ![]() EWEEK content and product recommendations are editorially independent. ![]()
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