| "New" company Starting off with $20.4B in debt. Yikes! |
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| Re: "New" company Sprint does too but Tmob/MetroPCS are losing customers. |
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axus
join:2001-06-18
Washington, DC | reply to SteelerRaw
Re: "New" company Heh, this is a good point, AT&T contributes ~$3 billion, MetroPCS takes ~$15 billion. |
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| Re: "New" company said by axus:Heh, this is a good point, AT&T contributes ~$3 billion, MetroPCS takes ~$15 billion.
How do you get $15 billion? Most of the debt in the combined company will be coming from T-Mobile, not from MetroPCS.
MetroPCS market cap = $4.5 billion
MetroPCS long-term debt = $4.7 billion
MetroPCS cash = $1.9 billion
$4.5 + 4.7 - 1.9 = $7.3 billion that T-Mobile is out-of-pocket. (Of which they're only paying $1.5 billion in cash, and the rest in stock.) |
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