T-Mobile US, Inc. (TMUS) - NASDAQ
  • Mar. 12, 2013, 1:49 PM
    The FCC has approved the MetroPCS/T-Mobile USA merger. The announcement isn't surprising, given the agency wants to see AT&T and Verizon face tougher competition. The biggest challenge for MetroPCS (PCS -0.9%), which has ticked higher on the news, remains overcoming opposition from dissident shareholders led by Paulson & Co. (official ruling)
    | Mar. 12, 2013, 1:49 PM
  • Mar. 6, 2013, 11:57 AM
    With the White House having given its support to legalizing the unlocking of cell phones, Sen. Ron Wyden has introduced a bill that would do just that. Passage of the bill could lead to a bump in churn for U.S. carriers, as consumers are no longer required to buy a new phone (and, should they want a subsidy, agree to a contract) to switch carriers. However, some phones only work on a particular carrier's network due to band compatibility issues, and carriers could start requesting more such devices in an effort to keep customers from leaving.
    | Mar. 6, 2013, 11:57 AM | 14 Comments
  • Mar. 6, 2013, 5:59 AM

    The Department of Justice doesn't object to MetroPCS's (PCS) merger with T-Mobile USA, the latter's parent company, Deutsche Telekom (DTEGF.PK), says. The deal now needs the approval of the FTC, the Committee on Foreign Investment in the United States, and MetroPCS's shareholders, some of whom aren't totally enamored with the merger.

    | Mar. 6, 2013, 5:59 AM
  • Mar. 1, 2013, 5:27 AM
    Paulson & Co, MetroPCS's (PCS) largest shareholder with a 9.9% stake, will vote against the carrier's merger with T-Mobile USA, as the combined company would have "too much debt at too high an interest rate to be competitive." Paulson would change its mind if the debt and interest rate were lowered, and if MetroPCS investors received added cash and a higher share exchange ratio.
    | Mar. 1, 2013, 5:27 AM
  • Feb. 26, 2013, 6:35 AM
    MetroPCS (PCS): Q4 EPS of $0.11 in-line. Revenue of $1.28B (+4% Y/Y) in-line. (PR)
    | Feb. 26, 2013, 6:35 AM
  • Feb. 26, 2013, 12:05 AM

    Notable earnings before Tuesday’s open: AG, AKRX, AMED, AMT, AUXL, AZO, BMO, BYD, CBRL, CIE, CMLP, CRZO, ECL, EXPD, GTI, HD, HFC, M,MFA, PCS, RRD, RSH, SKS, SPRD, SRE, THC, TSL, UNFI, UTHR

    | Feb. 26, 2013, 12:05 AM
  • Feb. 25, 2013, 5:30 PM

    Notable earnings before Tuesday’s open: AG, AKRX, AMED, AMT, AUXL, AZO, BMO, BYD, CBRL, CIE, CMLP, CRZO, ECL, EXPD, GTI, HD, HFC, M,MFA, PCS, RRD, RSH, SKS, SPRD, SRE, THC, TSL, UNFI, UTHR

    | Feb. 25, 2013, 5:30 PM
  • Feb. 15, 2013, 9:47 AM

    MetroPCS (PCS +1.2%) ticks higher after Paulson & Co., which owned 8.7% of the prepaid carrier at the end of Q4, says it might oppose the T-Mobile USA (DTEGY.PK) merger. The firm criticizes the combined company's debt load, and argues PCS is receiving too low an exchange rate. Schoenfeld Asset Management, which owns 2% of PCS, is already opposed, estimating the post-merger company will have $15B in debt and pay an average interest rate as high as 8%.

    | Feb. 15, 2013, 9:47 AM | 1 Comment
  • Feb. 4, 2013, 12:54 PM

    AT&T (T), Verizon (VZ), and other U.S. telcos are on edge over an FCC proposal to free up spectrum for public Wi-Fi networks that could significantly lower mobile data usage. Intel and Qualcomm want the spectrum to be licensed, and Cisco is raising interference concerns - all 3 have an interest in keeping carriers happy. However, Google and Microsoft support the proposal. With carrier data ARPUs surging and voice ARPUs declining, the stakes are high. If the project goes ahead, it could benefit telecom Wi-Fi hardware providers RKUS, ERIC, and ARUN.

    | Feb. 4, 2013, 12:54 PM | 5 Comments
  • Jan. 10, 2013, 5:27 PM

    It's time for another dose of Leap Wireless (LEAP +9.7%) M&A speculation. Shares rallied over the course of the day after Guggenheim's Shing Yin argued there's a 70% chance MetroPCS (PCS) will make a bid after finishing its merger with T-Mobile USA. Six weeks ago, Yin claimed Sprint might make a bid for MetroPCS within four weeks. Leap, which had a whopping 61.5% of its float shorted on Dec. 14, reportedly held talks at one point about a 3-way deal with MetroPCS and T-Mobile.

    | Jan. 10, 2013, 5:27 PM
  • Jan. 9, 2013, 4:59 PM

    T-Mobile USA (DTEGY.PK) will begin selling the iPhone and eliminating smartphone subsidies in 3-4 months, CEO John Legere tells Reuters. That's close to when the MetroPCS (PCS) merger is expected to close. The iPhone's hefty unsubsidized prices will limit sales, but the aggressive service pricing enabled by a lack of subsidies could reel in some buyers. On that note, T-Mobile is now offering contract-free unlimited 4G data. The carrier also says its LTE network will cover 100M people by mid-2013.

    | Jan. 9, 2013, 4:59 PM
  • Jan. 9, 2013, 10:45 AM

    "It's hard for me to imagine that what Dish wants is Clearwire ... It could be a chess move to get a partnership with Sprint," opines Bernstein's Craig Moffett. Jefferies and Macquarie also think Dish's (DISH +2.1%) $3.30/share offer for Clearwire (CLWR +7.7%) is an attempt to cut a deal with Sprint (S -1.4%), long named as a potential 4G partner but currently in the midst of selling itself to SoftBank (SFTBF.PK). Macquarie adds a $3.50-$3.75/share Sprint bid might be needed to get Dish and dissident shareholders to back down. PCS +1.8%. LEAP +0.9%.

    | Jan. 9, 2013, 10:45 AM | 7 Comments
  • Jan. 8, 2013, 1:35 PM
    Verizon (VZ -3%), MetroPCS (PCS -2.8%), and Leap Wireless (LEAP -3.2%) are selling off after AT&T announced it sold 10M+ smartphones in Q4. Verizon ticked higher yesterday after announcing it had 2.1M net wireless subscriber adds in Q4.
    | Jan. 8, 2013, 1:35 PM
  • Jan. 7, 2013, 1:16 PM

    MetroPCS (PCS -2.3%) trades lower after announcing it lost 93.2K subs in seasonally strong Q4. That's better than the 312.3K subscriber loss it saw in Q3, but worse than the 197.4K gain the prepaid carrier witnessed a year ago. The decline likely has much to do with tougher prepaid competition from nationwide carriers. Churn stood at 3.6%, down slightly from Q3's 3.7%, and 4G LTE subs rose 117% Q/Q to 2.2M (26% of MetroPCS' base). Merger partner T-Mobile USA has also been losing subs.

    | Jan. 7, 2013, 1:16 PM
  • Dec. 17, 2012, 11:39 AM

    MetroPCS (PCS -2.2%) has sold off following news Clearwire's board has approved the full sale of the company to Sprint. Shares had already slumped this month on a Reuters report Sprint is unlikely to make a bid for the carrier before the SoftBank deal closes, something that could preclude an offer from happening before MetroPCS' planned merger with T-Mobile USA goes through.

    | Dec. 17, 2012, 11:39 AM
  • Dec. 14, 2012, 2:24 PM

    Looking for ways to halt share losses to AT&T and Verizon, MetroPCS (PCS) and Leap Wireless (LEAP) are now providing financing options for prepaid phone purchases. A Leap exec claims the program could allow a customer to walk out of a store with an iPhone 5, which it sells for $500 without contract, after paying only $105. MetroPCS merger partner T-Mobile USA recently said it would end phone subsidies, but offer installment plans for purchases.

    | Dec. 14, 2012, 2:24 PM
Company Description
T-Mobile US, Inc. provides mobile communications services under the T-Mobile, MetroPCS, and GoSmart brands in the U.S., Puerto Rico, and the U.S. Virgin Islands. It offers postpaid and prepaid wireless voice, messaging and data services, and wholesale wireless services. The company also provides... More
Sector: Technology
Industry: Wireless Communications
Country: United States