Deutsche Telekom Improves Terms for MetroPCS Merger
Deutsche Telekom today put forth its "best and final offer" to MetroPCS today in hopes of gaining shareholder favor. MetroPCS investors are prepared to vote on the merger, which has full U.S. government approval, on April 12. Several large investors are unhappy with the original terms of the deal and have been pushing other shareholders to reject the deal. In today's adjustment, Deutsche Telekom offered to reduce some of the debt owed by T-Mobile/MetroPCS to Deutsche Telekom by $3.8 billion, and it also dropped the interest rate for the loan. "This lower rate reflects the new capital structure of the combined company, the improved capital markets environment in recent months, and the interest rate level of MetroPCS newly issued $3.5 billion of bonds priced in March," said Deutsche Telekom. MetroPCS's largest shareholders have yet to officially respond to the new terms.
Review: ZTE Avid 4 for MetroPCS
ZTE's latest low-cost handset for MetroPCS offers entry-level specs and performance. It includes a 5-inch screen, 8-megapixel camera, and Android 7 Nougat.
U.S. Carriers Share Galaxy S9 and S9+ Launch Plans and Pricing
All four major carriers in the U.S. plan to sell the Samsung Galaxy S9 and S9+ beginning in March.
Blu Life One X3 Adopts Metal-and-Glass Design and Packs 5,000mAh Battery
Blu Products today announced the Life One X3, a mid-range handset from the unlocked phone maker. The One X3 has a curved-edge glass screen and an aluminum frame painted in matte black.
MetroPCS to Sell the iPhone
T-Mobile's prepaid brand, MetroPCS, today said it will soon sell the entire range of iPhones from Apple. MetroPCS plans to kick off iPhone sales at select stores in Florida on July 1, but will expand to all stores around the nation soon.
Deutsche Telekom Shopping T-Mobile to Comcast
Deutsche Telekom is discussing with Comcast the possibility of the cable firm buying T-Mobile US. Deutsche Telekom is talking to several other companies, including Dish Networks, but Comcast is seen as the primary contender thanks to its stronger finances.
Practically giving the company away....
It's good for consumers, it's good for both Tmo & Metro, both companies will be in a better position to compete either the other 3 national carriers, especially with spectrum.
Just do this already!!...
The way this works is that since T-mobile USA doesnt have shares, is that there will be a 76/24 split DT/T-mobile USA owning Metro PCS (The combined company). They want to be in USA (DT) That is.
It isnt that confusing is it?