T-Mobile and MetroPCS Officially Merge
From The Maw of AT&T to a Bigger, Bolder Competitor
by Karl Bode 09:12AM Wednesday May 01 2013 Tipped by FFH5
After getting approval from both shareholders and regulators, T-Mobile and MetroPCS today announced that they've officially become one company. "The combination of T-Mobile and MetroPCS creates an even stronger disruptive force in the U.S. wireless market," T-Mobile CEO John Legere said in a prepared statement
. "Together, as America's Un-carrier, we'll continue our legacy of marketplace innovation by tearing up the old playbook and rewriting the rules of wireless to benefit consumers." The combined company serves 43 million subscribers, and would have seen $24.8 billion in combined revenues last year. T-Mobile claims the combined spectrum holdings allow for "20+20 MHz of 4G LTE in approximately 90% of the top 25 metro areas."