T-Mobile has announced that it has officially merged with MetroPCS to form T-Mobile US, Inc. which will begin trading on the New York Stock exchange under the ticker TMUS today.
"The combination of T-Mobile and MetroPCS creates an even stronger disruptive force in the U.S. wireless market," said 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."
As previously announced, the Board of Directors of the combined company will have 11 members, including two directors of MetroPCS who will continue with the combined company. Tim Höttges, currently Deputy Chief Executive Officer and Chief Financial Officer of Deutsche Telekom, will serve as Chairman of the Board.
"By uniting T-Mobile and MetroPCS, we have created a dynamic new player in the wireless industry that has the right strategy and management team in place to compete successfully in today's marketplace," said Mr. Höttges. "We look forward to realizing the tremendous potential of the new T-Mobile."
Notably, this will bring the iPhone to approximately nine million MetroPCS customers as T-Mobile recently began carrying the device.
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Comments (3)
Comments are closed for this article.
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Bryan Daniel - May 3, 2013 at 1:25am
I would like to take the time to say that tmobile is an excellent service provider.I recently had a frusturating situation that they gladly helped me to resolve.Some companys would'nt have worked with me to come up with a solution as tmobile did.
I must say.I am a very satisfied customer of tmobile..Their 4G internet is very fast.It was actually faster than my LAN.Trust me you won't be dissapointed!
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steve dugan - May 2, 2013 at 2:02am
why buy a metro pcs phone when it will not work soon on the new T-Mobile network..anybody want to buy a phone cheap
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tdtran1025 - May 1, 2013 at 5:07pm
Better roll out LTE now, for even the lame duck Sprint has flipped on the switch in most metropolitan areas.