T-Mobile USA and MetroPCS have officially merged.
T-Mobile said Wednesday morning that the deal is done and that both wireless innovators share a common vision “to bring wireless consumers exciting new choices while delivering an exceptional experience.”
The combined company, T-Mobile US, Inc., started trading on the New York Stock Exchange today. It’s ticker symbol is “TMUS.”
Although T-Mobile US now has approximately 43 million subscribers across the United States, the company will remain in fourth place (behind Sprint) among the largest cellphone carriers in the United States.
“The combination of T-Mobile and MetroPCS creates an even stronger disruptive force in the U.S. wireless market,” explains John Legere, President and Chief Executive Officer of T-Mobile US, Inc. “Together, as America’s Un-carrier, we’ll continue our legacy of marketplace innovation by tearing up the old playbook and rewriting the rules of wireless to benefit consumers.”
To read the full announcement from T-Mobile, click here.