We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,258 News Articles

T-Mobile USA agrees to buy MetroPCS

T-Mobile USA will pay MetroPCS shareholders $1.5 billion in cash, and a 26 percent stake in the combined company

Deutsche Telekom's T-Mobile USA and MetroPCS Communications have signed an agreement to merge in a deal that will see MetroPCS shareholders receive US$1.5 billion in cash and 26 percent of the new company.

The combined company will retain the T-Mobile name, and will be able to compete better with the other national U.S. wireless carriers thanks to expanded scale, more spectrum and financial resources, the two operators said in a statement.

Deutsche Telekom's supervisory board and MetroPCS's board of directors unanimously approved the transaction.

Send news tips and comments to [email protected]


IDG UK Sites

OnePlus One release date, price, specs UK: No invite needed any longer

IDG UK Sites

15 analogue facts that today's kids won't understand: winding tapes, Ceefax and more

IDG UK Sites

Disney's felt-based 3D printer creates soft toys and other squishy things

IDG UK Sites

WWDC 2015: What Apple will launch at WWDC 2015: Apple TV, Macs, more & how to get WWDC tickets