Īt the time of the merger, T-Mobile had about 32 million subscribers, to which MetroPCS added around 9 million. On June 21, 2015, the legacy MetroPCS CDMA network was decommissioned, and customers were migrated to the company's LTE network. The combined company, now known as T-Mobile US, began trading on the New York Stock Exchange. A reverse merger for MetroPCS, the deal closed on May 1, 2013. In October 2012, the company, known then as MetroPCS, reached an agreement to merge with T-Mobile USA. and then expanded over to New York promptly in 2002. Its $50 million share IPO closed at $27.40, for a market cap of $8 billion. On April 19, 2007, MetroPCS made its stock market debut. The company expanded to the Dallas and Detroit areas later that year. At the time, the company operated through 21 licenses in Greater Miami, Tampa, Sarasota, New York City, San Francisco, Atlanta and Sacramento. Īs of February 2005, MetroPCS had about 1.5 million subscribers in the country. PCS referred to the industry term, Personal Communications Service. Metro was established in 1994 as General Wireless, Inc., by Roger Linquist and Malcolm Lorang. Metro by T-Mobile competes primarily against Dish's Boost Mobile, AT&T's Cricket Wireless and Verizon's Visible as part of the wireless service provider brands. In 2013, the carrier engaged in a reverse merger with T-Mobile US post-merger, its services were merged under T-Mobile's UMTS and LTE network. It previously operated the fifth largest mobile telecommunications network in the United States using code-division multiple access (CDMA). Metro by T-Mobile (formerly known as MetroPCS and also known simply as Metro) is an American prepaid virtual wireless service provider and brand owned by T-Mobile US. Keys ( President) Maria Yniga Inaque Ynez B.
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