MetroPCS Breaks 52-Week Record High

AT&T has agreed to acquire T-Mobile for a sum of $39 billion. The merger is expected to go down over the 12 months but with a lot of scrutiny from regulatory boards. The announcement was made official a couple of hours ago only

MetroPCS Communications (PCS) raked up a new 52-week high as it traded at $15.21. MetroPCS is changing hands at $15.20 with 2.6 million shares traded as, with an average volume of 5.5 million shares over the past 30 days.

MetroPCS hits new 52-week high with trading at $15.21

The market cap for MetroPCS at the moment is $5.2 billion, with shares up 17.3% year to date as of the close of trading on Thursday.

The company has a P/E ratio of 26.9, which is equivalent to the average telecommunications industry P/E ratio (AT&T, Verizon Wireless, Sprint, T-Mobile) and above the S&P 500 P/E ratio of 15.6.

AT&T T-Mobile merger

On a side note, AT&T has agreed to acquire T-Mobile for a sum of $39 billion. The merger is expected to go down over the 12 months but with a lot of scrutiny from regulatory boards. The announcement was made official a couple of hours ago only.

MetroPCS Breaks 52-Week Record High

T-Mobile Down - Yes Again

T-Mobile has had a lot of problems lately, and it makes me glad that I am not a T-Mobile customer. Around 4 PST, service for users across the country went down! This was both data and voice services. From coast to coast, services are down or at least intermittent for most users!

This isn't the first time T-Mobile users have had issues. Just about a month ago, T-Mobile Sidekick users had their data services out for a week. Yes, a week without Internet, AIM or email. Some lost their contacts. This outage caused an outrage, and all Sidekick users were given a free month of data services added onto their accounts once the outage continued on.

This latest outage doesn't just shut down Sidekick users though. Apparently, the whole system is offline. T-Mobile had the following statement about this most recent T-Mobile outage:

"T-Mobile customers may be experiencing service disruptions impacting voice and data. Our rapid response teams have been mobilized to restore service as quickly as possible. We will provide updates as more information is available."

Are you a T-Mobile user? How is your service tonight?
by Regina A.

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Tmobile Customer Service.

PROCON, a world leader in mobile telephony resource management solutions, has announced that it has been awarded the Prestigious Maverick T-Mobile for its innovation and accelerated growth in the sub-prime, or “Buy here, pay here” (BHPH), the automotive industry.

The award was presented by T-Mobile M2M Summit held in Las Vegas, Nevada.
“The Maverick Award acknowledges our partner, PROCON, for his leadership in the

“Buy here, pay here” arena. With increasing market demands of products M2M
PROCON solutions represent innovation, visionary, and an execution of the
high quality service to customers – all qualities that T-Mobile itself values, ”
Said John Hubler, Regional Manager, M2M, T-Mobile USA.

“We are honored to have received this prestigious award from T-Mobile. The
the value of our GoldStar GPS tracking high-risk assets “Buy Here Pay Here” products
to help dealers, banks and finance companies to monitor their loan
portfolios to control costs and increase efficiency is undisputed. That’s why
we are the clear industry leader in this rapidly growing market, “said Tim
Welch, President of the Automotive Division and COO of PROCON Inc.

For more information about sub-PROCON main asset tracking products, visit
www.goldstargps.com.

About PROCON
PROCON, based in Knoxville, Tennessee, is one of the world’s leading
suppliers of products and services MRM. By providing a managed world,
wireless data network, PROCON reduces costs, complexity and risks of
associated with deploying and supporting mobile applications and online
devices. PROCON offers solutions for government, automotive, consumer and
business applications and currently has more than 450,000 units in use
in the United States, Canada and Mexico. PROCON has over 25
brands in the industry and offices in the United States, Canada, Mexico,
Australia and the United Kingdom and a software development laboratory in
Thailand.