Deutsche Telekom Improves Terms for MetroPCS Merger
Deutsche Telekom today put forth its "best and final offer" to MetroPCS today in hopes of gaining shareholder favor. MetroPCS investors are prepared to vote on the merger, which has full U.S. government approval, on April 12. Several large investors are unhappy with the original terms of the deal and have been pushing other shareholders to reject the deal. In today's adjustment, Deutsche Telekom offered to reduce some of the debt owed by T-Mobile/MetroPCS to Deutsche Telekom by $3.8 billion, and it also dropped the interest rate for the loan. "This lower rate reflects the new capital structure of the combined company, the improved capital markets environment in recent months, and the interest rate level of MetroPCS newly issued $3.5 billion of bonds priced in March," said Deutsche Telekom. MetroPCS's largest shareholders have yet to officially respond to the new terms.
Blu Vivo Go Packs Android 9 Pie Go Edition
Dec 13, 2018
Blu today revealed the Vivo Go, a sub-$100 smartphone that runs the Go Edition of Android 9 Pie. Android Go focuses on delivering the core Android experience through lightweight versions of Google's apps.
T-Mobile iPhone eSIM Support On Track for Launch By Year's End
Dec 6, 2018
T-Mobile hopes to offer support for the newer iPhones' eSIM by the end of the year, according to a report from PCMag. The carrier is distributing training materials concerning its eSIM app to staff this week.
Metro to Sell the Alcatel 1X Evolve as an Exclusive
Dec 4, 2018
Metro by T-Mobile and Alcatel today announced the 1X Evolve, an update to the compact Alcatel 1X from earlier this year. The phone has curved, 2.5D Dragontrail glass on front and a soft suede finish on the rear.
T-Mobile Revs Up Low-Cost Offerings with the Revvl 2 and Revvl 2 Plus
Nov 13, 2018
T-Mobile today announced the pending availability of the T-Mobile Revvl 2 and T-Mobile Revvl 2 Plus (pictured). These low-cost Android phones are rebadged variants of the Alcatel 3 and Alcatel 7, respectively.
Practically giving the company away....
It's good for consumers, it's good for both Tmo & Metro, both companies will be in a better position to compete either the other 3 national carriers, especially with spectrum.
Just do this already!!...
The way this works is that since T-mobile USA doesnt have shares, is that there will be a 76/24 split DT/T-mobile USA owning Metro PCS (The combined company). They want to be in USA (DT) That is.
It isnt that confusing is it?