T-Mobile Rebrands MetroPCS
T-Mobile is rebranding MetroPCS -- its pay-as-you-go (prepaid) mobile operation -- focusing on Metro's widely improved LTE footprint through the T-Mobile 4G network.
MetroPCS Inc. (NYSE: PCS) will now be known as "Metro by T-Mobile," and will relaunch in October. T-Mobile US Inc. originally undertook a merger MetroPCS in October 2012. (See T-Mobile, MetroPCS to Merge.)
MetroPCS operated in 15 cities in the US in 2013, with 103 million people covered by the operator. Metro by T-Mobile now covers more than 323 million people, around 99% of the people in the US. T-Mobile says that the prepaid operation has more than 10,000 branded retail locations, more than any other mobile brand.
OpenSignal reported in July this year that T-Mobile's 4G LTE, the network that Metro runs on, topped 20-Mbit/s averages, and was available to users 93.7% of the time.
T-Mobile and Sprint Corp. (NYSE: S) have also pushed an expanded 5G footprint as part of their $26.5 billion merger. Although T-Mobile hasn't yet revealed much of its plans for Metro post-merger yet. (See T-Mobile, Sprint Vow Deal Will Spur Competition, Sharpen Nation's 5G Edge .)
The Federal Communications Commission (FCC) , meanwhile, has stopped the clock on its review of the Sprint/T-Mobile merger. The agency wants more time to examine the revised networking plans presented by the pair. (See FCC Halts Sprint/T-Mobile M&A Review.)
— Dan Jones, Mobile Editor, Light Reading