Tuesday, October 2, 2012

Shares in MetroPCS Rise 18% on T-Mo Rumor

Shares in MetroPCS climbed 17.8% on Tuesday to close at $13.57.  Unconfirmed reports state that Deutsche Telekom is in talks to merge its T-Mobile USA business with MetroPCS.

MetroPCS operates a CDMA network while T-Mobile USA operates a GSM network.  MetroPCS launched LTE in January 2011 while T-Mobile USA is preparing to launch LTE next year.

As of June 2012, MetroPCS passed 700,000 LTE subscribers, representing 8% of its customer base.

In August,  MetroPCS launched its commercial Voice-over-LTE service. The first sale of a VoLTE-capable handset occurred at one of the company's Dallas/Fort Worth store locations.

http://www.metropcs.com

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