MetroPCS to Investors: Approve T-Mobile Deal
MetroPCS' board of directors has reviewed the revised merger bid from Deutsche Telekom and unanimously approved the merger under the new terms. Deutsche Telekom amended the terms of the merger agreement such that it includes less debt and a better interest rate after it appeared that MetroPCS investors might vote down the proposed merger. Deutsche Telekom called the revised terms its "best and final offer." The merger has already been approved by the government and is awaiting a MetroPCS shareholder vote. The vote was originally to take place April 12, but was rescheduled to April 24 to give shareholders more time to consider the revised terms.
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.
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.
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.
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.