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Merger Question -- Yes, it relates to root

Discussion in 'Metro PCS' started by reilus, Dec 1, 2012.

  1. reilus

    reilus Android Enthusiast
    Thread Starter



    horsecharles likes this.

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  2. HoUdInI

    HoUdInI Android Enthusiast

    really tmobile and metro are merging? if so i'm going to stop using metro....sorry first time i have heard about this.
     
  3. bennyben

    bennyben Well-Known Member

    Yeah its been in discussion for awhile now. I think it was gonna be sprint but i guess it fell through, so now tmobile is doing it. It may actually be good news for us. Hopefully better service and a bigger phone selection. But as far as the update this is the first im hearing of it.
     
  4. Gman9831

    Gman9831 I'm no Senior

  5. h4x0rj3ff

    h4x0rj3ff Chemist

    yeah tmo parent company bought metro a few months ago...
     
  6. Gman9831

    Gman9831 I'm no Senior

    I think it's a good thing because it will lead to more coverage, more phone options, better pricing & speeds. Like they've discussed in some of the threads I've linked to above.
     
  7. Gman9831

    Gman9831 I'm no Senior

    Metro will end up being the majority owner later on
     
  8. Gman9831

    Gman9831 I'm no Senior

    But back on topic the update(speculation) will just be a baseband/radio/modem update if they found out how to block root for a phone they send it out basically right away
     
  9. logansj1

    logansj1 Member

    metro and tmobile will somewhat be separate still. t-mobile is basically latching on to metro to save their own ass.
     
  10. jtw1216

    jtw1216 Android Expert

    Not real knowledgable about CDMA & HSPA. Would hspa be better for us? 2015 is too far down the road for me to think about right now.
     
  11. redhook

    redhook Android Expert

    Don't worry about it, that network will not go live until late next year.
     
    horsecharles and jtw1216 like this.
  12. reilus

    reilus Android Enthusiast
    Thread Starter

    Thank the Gods that it was not Sprint. Nextel sucked after Sprint took that over and I changed carriers.
     
  13. reilus

    reilus Android Enthusiast
    Thread Starter

    It's more of a reverse merger -- whatever the **** that is -- and while it looks like T-Mobile is in the backseat I think they will end up taking over the company. It's hard to explain, it involves "business language", but that's what it looks like from my research. However, I do not have access to inside information on this so I am only going off what I am able to find in the public domain, which is not much. AT&T did something similar to Cingular. AT&T was going to latch on because their business in mobile phones was tanking; next thing you know AT&T pwns Cingular. The Metro-T arrangement is different, but many analysts seem to think the outcome will be similar.

    I've read talk of price increases as well.
     
  14. reilus

    reilus Android Enthusiast
    Thread Starter

    The "update" involves a shift from CDMA to another architecture -- it is a hardware change. Eventually, we will need to buy new phones and they will shut off the old CDMA network.
     
  15. Gman9831

    Gman9831 I'm no Senior

    ^^ Tmobiles actually trying to keep prices the same & include more service options
     
  16. Gman9831

    Gman9831 I'm no Senior

    You did ask about the LTE network though. The CDMA network will be shut off in 2015 the latest.
     
  17. reilus

    reilus Android Enthusiast
    Thread Starter

    Here is some of the latest news -- I use "latest" in a loose sense:

    October 15, 2012 9:31 PM PDT
    <.>
    With the news of the T-Mobile USA and MetroPCS merger just settling, company shareholders have filed a lawsuit trying to block the deal.
    According to the TMONews, MetroPCS shareholders are calling the deal "drastically undervalued" and claiming that MetroPCS' board is "conflicted and serving its own financial interests." The lawsuit was filed in Dallas, Texas against MetroPCS, T-Mobile USA, its German parent company Deutsche Telekom, and MetroPCS' CEO and board of directors.
    </>

    MetroPCS shareholders sue over T-Mobile merger | Mobile - CNET News

    So the true owners of MetroPCS are unhappy with decisions made by the Board of Directors and the corporate officers? It will be interesting to see if the court stops this merger.


    November 8, 2012
    <.>
    Speaking at the Wells Fargo Technology Media & Telecom Conference today, MetroPCS CFO Braxton Carter said that the combined company will become a leading value-focused multi-segment carrier that will continue to offer a broad range of products. In addition, he said that the deal will allow the MetroPCS brand to expand across the U.S., and tap markets where the prepaid flat-rate model does not currently exist, such as New Orleans and Minneapolis.

    Carter also said that the combined company will allow MetroPCS to enter these markets and do it in a way that does not require the building of a new network or an investment in network infrastructure. "There are major markets that are underserved," he said.

    Although Carter did not use the term mobile virtual network operator, it appears that MetroPCS may eventually operate like a branded MVNO service, with T-Mobile as the underlying network.

    In early October, T-Mobile announced its plan to merge with MetroPCS. The deal will combine T-Mobile's 33.3 million customers with MetroPCS' 8.98 million customers, and T-Mobile will own 74 percent of the combined entity.
    </>
    MetroPCS says T-Mobile deal will allow it to expand its brand nationwide - FierceWireless

    T-Mobile will own 74% of the company. That means MetroPCS will have been bought out by T-Mobile as they will have a majority of the share votes unless they turn that into authorized stock for public sale and dilute their ownership of the company, which I doubt they will.


    November 28, 2012
    <.>
    In a fairly standard move, the US Department of Justice along with the Federal Bureau of Investigation have filed a request with the FCC pertaining to the T-Mobile, MetroPCS merger. Both government entities have asked the FCC to &#8220;defer action,&#8221; or have asked them to delay their decision in order for both parties to decide if the deal has any &#8220;national security, law enforcement, and public safety issues.&#8221;
    </>
    MetroPCS, T-Mobile Merger To Be Reviewed By Justice Department, FBI | | TmoNewsTmoNews

    This means the deal is moving forward, despite the stockholders -- viz company owners -- lawsuit against the Board of Directors and the officers of the corporation. So much for equity rights. But, the court may still stop the deal; I've seen other deals halted at the last minute so we shall see. So, this may indicate that corporate interests are pushing the deal through in the hope that any lawsuits can be delayed until after the merger or in the hope that they can defeat the lawsuit by citing how this is actually in the interests of the stockholders and does not violate the corporate charter or the agreements with stock holders.
     
  18. Gman9831

    Gman9831 I'm no Senior

    Lmao I linked to 2 of those above
     
  19. reilus

    reilus Android Enthusiast
    Thread Starter

    Sans my selections and commentary..
     
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