MetroPCS (PCS) to Merge with Deutsche Telekom's T-Mobile USA Unit

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MetroPCS (PCS) Holders Sue Over T-Mobile Merger; Says Deal 'Drastically Undervalues' Shares

October 16, 2012 7:59 AM EDT

MetroPCS (NYSE: PCS) shares are indicated higher amid report of shareholder unrest over the proposed Deutsche Telekom/T-Mobile USA deal announced last week. And by unrest, we mean angry enough to sue.

According to T-Mobile news site TMONews.com, a suit was filed in Dallas, Texas, by a group of... More

MetroPCS (PCS) Shares at Intraday Lows; Trader Still Waiting for Sprint (S) Counter Bid

October 10, 2012 12:20 PM EDT

MetroPCS Communications, Inc. (NYSE: PCS) shares are at session lows amid overall volatility following its proposed Deutsche Telekom deal, as announced last week.

Traders have been keeping tabs on PCS on speculation that a counter bid might come in from Sprint (NYSE:... More