Phone Scoop

printed July 2, 2015
See this page online at:

Home  ›  News  ›

T-Mobile Withdraws Anti-Net Neutrality Lawsuit

Article Comments  

Back to message list

Replying to:  T-Mobile DID NOT ACQUIRE METROPCS!!!!! by carmodboy99   May 20, 2013, 11:32 AM


by carmodboy99    May 20, 2013, 11:40 AM

Here’s how it works:

MetroPCS will declare a 1-for-2 reverse split.
The company will pay holders $1.5 billion in cash, about $4.09 a share before the reverse split.
MetroPCS will acquire all of T-Mobile USA’s stock in exchange for a 74% stake in MetroPCS.
DT will roll existing inter-company debt into new $15 billion senior unsecured notes of the combined company, provide the combined company with a $500 million unsecured revolving credit facility and provide a $5.5 billion “backstop commitment” for certain MetroPCS third-party financing transactions.

Complicated, though not impossible to understand. incidentally, I was shocked to see Wikipedia misinforming people about the same topic. I had to go back to when the merger was announced... ... »

Report to moderator


No replies to this message

This forum is closed.

Back to message list

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


All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.