MetroPCS Scores Cash for Dallas, Detroit Buildouts
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
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.
MetroPCS Opens Up iPhone Sales Nationwide
T-Mobile's prepaid brand, MetroPCS, is now selling the entire range of Apple iPhones at more than 5,000 of its stores around the country. The prepaid carrier first tested iPhone sales at a limited number of stores in Florida.
T-Mobile Nearly Done Integrating MetroPCS
T-Mobile today said it has migrated the majority of MetroPCS customers off the company's legacy CDMA network and onto its own LTE network. T-Mobile says fewer than 500,000 MetroPCS customers are still using the CDMA network.
Sprint's Direct 2 You Reaches Dallas, DC, Detroit, Tampa
Sprint today expanded its Direct 2 You service to Dallas, D.C., Detroit, and Tampa. The service is live in these cities and a number of smaller cities and towns in the surrounding areas.
*Great Metro Markets...