• Home
  • iPhone
  • News
  • T-Mobile/MetroPCS Merger Official, Making iPhone Available to 9 Million More Customers

T-Mobile/MetroPCS Merger Official, Making iPhone Available to 9 Million More Customers

T-Mobile/MetroPCS Merger Official, Making iPhone Available to 9 Million More Customers

Deutsche Telekom and T-Mobile announced on Wednesday that T-Mobile USA’s merger with MetroPCS Communications is complete, creating a network with roughly 43 million subscribers across the United States. The union makes Apple’s iPhone available to an additional 9 million customers.

iphone_t-mobile_MetroPCS

AppleInsider:

The last obstacles to creating the new entity — known as T-Mobile US and trading on the New York Stock Exchange under the symbol TMUS — were cleared in late April, when MetroPCS’ shareholders approved the merger following an improved offer from Deutsche Telekom. The deal saw MetroPCS effecting a 1 for 2 reverse stock split and paying its shareholders $1.5 billion, or roughly $4.05 per share.

T-Mobile is the #4 carrier in the U.S. Based on its 2012 financial report, the company has about $24.8 billion in revenues and $2.7 billion in free cash flow.

T-Mobile’s president and CEO, John Legere, will head the new company, while MetroPCS’ vice chairman and CFO, J. Braxton Carter, will serve as CFO.

The combined company will continue to operate under separate branding for the time being, with MetroPCS customers being gradually brought under the T-Mobile magenta umbrella. While the transition is taking place, MetroPCS’ CDMA network spectrum will be repurposed for T-Mobile’s LTE network. The process is expected to be completed by 2015.

The marriage marks the end of a months-long process that saw MetoPCS’ board of directors approving the merger in October.

MetroPCS customers previously did not have access to the iPhone.

UPDATE (05/01/13) – T-Mobile CEO John Legere tells AllThingsD that the iPhone won’t be immediately coming to MetroPCS

“The answer to that is not ‘No,’” Legere said, but added, “It’s not imminent; I think that’s safe to say.”

Two main factors will affect the timing of when the iPhone will come to MetroPCS. One is how T-Mobile decides it wants to position the two brands and manage its marketing.

“It’s also something that involves Apple,” Legere said, but added that “we’ve started those dialogues with our partners.”

Related

  1. Next-Gen 15-in MacBook Pro Already Surfacing in Benchmarks Ahead of Release
  2. Leaked Walgreens Memo Indicates Apple Pay to Launch October 18
  3. Pieceable – Run iPhone Apps Through Your Browser
  4. iPhone 4S and iPad 2 Jailbreak Expected in ‘a Matter of Days’
  5. Microsoft Adds Touch ID Feature to Outlook for iOS
  6. Apple Seeds Second iOS 7 Beta to Developers
Apple Giveaways

iPhone X Giveaway

$999

Enter

MacBook Pro Giveaway

$1499.00

Enter

10.5″ iPad Pro Giveaway

$649.00

Enter

iPhone 8 Plus Giveaway

$800.00

Enter
Share