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T-Mobile USA to merge with MetroPCS

T-Mobile

T-Mobile and MetroPCS have agreed to combine their struggling cellphone businesses in a deal aimed at letting them compete better with their three larger rivals. The combined company will use the T-Mobile brand and have 42.5 million subscribers.

 

MetroPCS Stock Plunges as Growth Slows

MetroPCS reported a sharp slowdown in subscriber growth as the sputtering U.S. economy forced customers to drop their wireless service, a trend the company sees continuing. Shares plunged.

 

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