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 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.