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Acme Packet (APKT -5.6%) slumps after MetroPCS (PCS) discloses it won't be deploying...

  • Tuesday, October 9, 2012, 1:53 PM ET
    Acme Packet (APKT -5.6%) slumps after MetroPCS (PCS) discloses it won't be deploying voice-over-LTE (VoLTE) following its merger with T-Mobile USA. VoLTE is seen as a major future demand driver for Acme's session border controllers - Acme shares fell in August after Raymond James claimed AT&T and Verizon are delaying their VoLTE deployment plans. Also, BMO has started coverage with a Market Perform.
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