MetroPCS Mulling All Options to Increase Capacity
Speaking to investors today, MetroPCS CFO J. Braxton Carter said that the pre-paid mobile operator is "looking at everything out there" with respect to increasing its spectrum holdings and boosting coverage. In December 2010, the Wall Street Journal reported that MetroPCS was looking to acquire bankrupt TerreStar's assets in a bid to strengthen its presence in the U.S. Now, Bloomberg reports that MetroPCS is considering a deal with Lightsquared and others in order to increase its capacity. Carter said of Lightsquared, "If they can get funding and if they can get the network built, it's a wonderful option for us." The company may fund these investments by taking an additional $1.5 billion loan. MetroPCS is currently deploying Long Term Evolution across its footprint in the U.S., but the company doesn't have the spectrum to match the types of LTE networks being built by Verizon Wireless and, eventually, AT&T.
Types of LTE networks?
So Metro's LTE network is a different type from Verizon's?
MetroPCS is deploying LTE in its current PCS 1900 MHz and/or AWS 2100+1700 MHz licensed spectrum. This is different from VZW, which is ...
1.5 billion loan?