MetroPCS Readies Shareholder Vote on T-Mobile Bid
MetroPCS today filed paperwork with the Securities and Exchange Commission concerning T-Mobile USA's proposed acquisition of the company. MetroPCS has scheduled a shareholder vote for March 28, and it is urging shareholders to approve the deal. "After a multi-year, thorough review of MetroPCS' options, with the assistance of independent financial and legal advisors, the MetroPCS board determined that this proposed combination is the best strategic alternative for our stockholders," said MetroPCS. Together, MetroPCS shareholders will receive about $1.5 billion in cash along with shares of the new company. The deal has yet to receive U.S. regulatory approval.
T-Mobile Kicks Off Sales of LG Stylo 3 Plus
T-Mobile today added the LG Stylo 3 Plus to its lineup of Android smartphones. The device is a minor update to last year's Stylo 3.
Asus ZenFone 3 Zoom Goes On Sale for $329
Asus today made the ZenFone 3 Zoom available from its web site for $329. The phone was first announced in January.
T-Mobile Now Selling the Coolpad Defiant for $100
T-Mobile today added the Coolpad Defiant to its roster of inexpensive Android handsets. The phone features a 5-inch screen with 854 by 480 pixels and it is powered by a 1.4 GHz quad-core processor with 8 GB of storage.
Alcatel Announces the Idol 5S with Stereo Speakers
Alcatel today marked the debut of the Idol 5S, the latest in its flagship series. Like its predecessors, the 5S features an aluminum frame, curved glass front and rear surfaces, powerful stereo speakers, and a rear-mounted fingerprint reader.