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.
HTC 10 Re-Focuses On the Camera and BoomSound
Apr 12, 2016
HTC today announced the 10, its flagship handset for 2016. This Android phone carries forward an aluminum design, for which HTC has become known, and makes big improvements to the camera, software, and other core features.
Andy Rubin's Essential PH-1 Boasts Titanium Frame, Magnetic Mods
May 30, 2017
Essential Products, the startup being run by Andy Rubin, who helped create the Android operating system, announced its first smartphone today, the PH-1. The PH-1 is a high-end handset crafted from a titanium shell that Rubin claims is more robust than aluminum and more resistant to damage when dropped.
Motorola's Notched Android One Phone to Be Sold by Best Buy
Nov 5, 2018
Best Buy recently added the Motorola One to its web site. The phone, available for pre-order, costs $400 and will begin to ship November 9.
T-Mobile Revs Up Low-Cost Offerings with the Revvl 2 and Revvl 2 Plus
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?