Leap Rejects MetroPCS Bid
Sep 17, 2007, 1:43 AM by (staff)
Leap, which operates Cricket, has decided to reject a takeover bid from rival fixed-rate provider MetroPCS. MetroPCS made an unsolicited offer to buy Leap in a stock trade approximately two weeks ago. Leap's board cited concerns over the lack of previous discussions or an integration plan from MetroPCS.
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 CDMA Network Shutdown On Track for June 21
MetroPCS plans to switch off its legacy CDMA network on June 21. MetroPCS parent T-Mobile says about 190,000 customers are still using CDMA handsets in the three markets that offer CDMA coverage, down from 300,000 about a month ago.
MetroPCS Introduces $60 Family Plan
MetroPCS is offering families a new deal that starts at $60 per month for two lines. The refreshed family plan includes unlimited talk, text, 6 GB of data, Music Unlimited, and mobile hotspot for each line.
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.
Broadcom Takes Aim at Qualcomm with Unsolicited $130B Bid
Broadcom today made an unsolicited offer to buy Qualcomm for $70 per share, a deal valued at approximately $130 billion. According to Broadcom, the merged entity would be a diverse communications semiconductor company that would be able to accelerate innovation, deliver more advanced products, and create compelling financial savings/efficiencies.
Just a formality.