Seems like a good deal, but MetroPCS is being acquired by T-Mobile..so time will tell what happens to plans like this. (The phones will be useless since MetroPCS is CDMA..and T-Mobile plans on phasing it out).
I believe it's the other way around. MetroPCS will be acquiring T-Mobile, but they are going with the GSM network like you said.
this is correct.
Tmobile is acquiring them.
Some of you are half retarded and can't even read the slashgear article.
T-mobile is buying metropcs. Period.
T-mobile will continue to be T-mobile
MetroPCS customers will become T-mobile customers
MetroPCS will be no more
Current MetroPCS stockholders will hold 26% stock in t-mobile USA and get $1.5billion cash for their stock.
This is called a reverse merger because instead of t-mobile buying all the stock for cash and keeping the metropcs brand they are destroying the brand and giving metropcs stockholders stock in t-mobile and (relatively speaking) very little cash. Sort of a "mini take over" where metropcs hands t-mo all its customers, resources etc and t-mo gives current owners stock.
Last edited by MeatCatalog; 10-13-2012 at 11:27 PM..
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So metroPCS cdma phones cant be used in the future?
The MetroPCS CDMA phone coverage is expected to disappear in 2014/2015 and the goal is to transition a majority of customers for both TMo & Metro to their new LTE.
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