T-Mobile, MetroPCS Merger is a Done Deal
On Wednesday, the merger of T-Mobile USA and MetroPCS was made official.
T-Mobile says that uniting the two wireless innovators was made possible by the fact that both parties share one common vision: "To bring wireless consumers exciting new choices while delivering an exceptional experience."
The combined company, T-Mobile US, Inc., started trading on the New York Stock Exchange today under the ticker “TMUS.”
T-Mobile US now has approximately 43 million subscribers across the United States, which means that the company will still remain in fourth place among the nation's largest cellphone carriers. Additionally, the iPhone will now be available to roughly ten million new customers.
“The combination of T-Mobile and MetroPCS creates an even stronger disruptive force in the U.S. wireless market,” explains John Legere, President & Chief Executive Officer of T-Mobile US, Inc. “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.”
To read the full announcement from this morning, click here
Source: T-Mobile US