Phone Scoop

printed December 21, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=1405

Home  ›  News  ›

MetroPCS Scores Cash for Dallas, Detroit Buildouts

Article Comments  3  

Oct 5, 2005, 1:30 PM   by (staff)

Two private equity firms - Madison Dearborn Partners and TA Associates - today announced that they are each contributing $300 million toward a $739 million minority equity investment in MetroPCS. The cash infusion will fund new networks covering the Dallas and Detroit areas. MetroPCS bought 10 MHz of spectrum covering each of those cities from Cingular for $230 million in November 2004. Cingular was required by the government to sell the spectrum as a condition of its merger with AT&T Wireless. Separately, MetroPCS today started selling the new Nokia 6235, a small bar-style camera phone.

from TA Associates
Madison Dearborn Partners

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
*Great Metro Markets... muchdrama Oct 5, 2005, 5:04 PM
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1