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.
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.
Samsung Makes the Galaxy J7 and Galaxy J3 Available Unlocked
Samsung today added the Galaxy J7 and Galaxy J3 to its list of unlocked smartphones. The two inexpensive handsets will be available to purchase directly from Samsung's web site as well as select retailers starting July 28.
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.
MetroPCS to Sell Motorola Moto E4 from July 31
T-Mobile today said its prepaid unit MetroPCS will offer the Motorola Moto E4 smartphone beginning July 31. The handset features a metal design, 5-inch 720p HD screen, and 2,800mAh battery.