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.
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.
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.
T-Mobile, Sprint Reach Breakthrough On Potential Merger
T-Mobile and Sprint have made significant progress in ironing out merger terms, according to Reuters. T-Mobile and Sprint have made a "major breakthrough" on a merger between them.
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.