T-Mobile USA and MetroPCS are now officially one

T-Mobile USA and MetroPCS are now officially one
Announced last year, the T-Mobile-MetroPCS merger has just been officially closed. The two companies are now one and will be traded on the New York Stock Exchange as TMUS.

If you're wondering if the newly-formed carrier is now bigger than Sprint, the answer is no - T-Mobile US, as the resulting company will be called, is still the fourth-largest operator in the US. T-Mobile USA's respectable 34 million customers have been joined by MetroPCS's 9 million, making for a total of 43 million, while Sprint currently enjoys a customer base of about 55 million.

The plan of the new entity is to gradually merge Metro's with T-Mobile's base, with the whole processes expected to be completed by 2015. After that, MetroPCS's own spectrum will be used for the expansion of T-Mo's LTE network. Clever plan, right? Well, we'll wait and see if it's going to work!

via: TheVerge

FEATURED VIDEO

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.
FCC OKs Cingular's purchase of AT&T Wireless