MetroPCS Delays Crucial Shareholder T-Mobile Vote
MetroPCS responded to Deutsche Telekom's improved merger offer Wednesday by delaying the key shareholder vote originally scheduled for April 12. MetroPCS delayed the vote until April 24 to give its shareholders time to consider the improved deal. Deutsche Telekom reduced the amount of debt that will be owed by the merged MetroPCS/T-Mobile entity to DT by $3.8 billion, and also lowered the interest rate on the loan. DT said this was its "best and final offer." The offer was improved due to resistance among MetroPCS shareholders over the original terms of the deal. The deal has already earned regulatory approval.
Galaxy S8 to Cost $750, S8+ to Cost $850: Carriers Share Launch Details
Samsung's new Galaxy S8 and S8+ smartphones will cost $750 and $850, respectively. The phones share almost all features other than size and both ship with 64 GB of internal storage.
T-Mobile and MetroPCS Announce the LG Aristo
T-Mobile and MetroPCS both plan to sell the LG Aristo starting later this month. The handset is an entry-level device running Android 7 Nougat.
T-Mobile's LG K20 Plus Packs Better Specs
T-Mobile recently rolled out its own variant of the LG K20 and the phone has somewhat better specifications when compared to the Verizon variant of the same handset. The T-Mobile K20 includes the same 5.3-inch 720p display and 1.4 GHz quad-core Snapdragon processor, but improves RAM to 2 GB of RAM and storage to 32 GB.
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.