MetroPCS says it will launch in three new markets if deal with T-Mobile closes
pays $100 million a year in roaming fees to its CDMA rivals, a figure that will drop sharply once the deal closes. The attendees also were interested in hearing the breakdown of MetroPCS' subscribers. Currently, 20% of them are using the operator's 4G LTE pipeline. 75% of upgrades are to the LTE network which requires an LTE enabled handset. Those using the carrier's $55 per month unlimited data plan are using about 2GB a month in data.
Also of interest to the investors in the audience was information on T-Mobile's spending plan. The nation's fourth largest carrier will spend $4 billion to refarm its 1900 MHz PCS and 1700 MHz AWS spectrum. Just before Hurricane Sandy caused a delay, 95% of T-Mobile's 1900MHz spectrum had been refarmed for HSPA+. The actual amount being spent by T-Mobile will exceed $4 billion as the carrier will need to integrate MetroPCS' distributed antenna system into T-Mobile's network. More info on the combined company will be announced next week at the investor meeting for T-Mobile's parent company, Deutsche Telekom. The deal is expected to close in the second quarter of 2013.