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MetroPCS Communications, Inc. Announces Launch of Senior Notes Offering



   MetroPCS Communications, Inc. Announces Launch of Senior Notes Offering

PR Newswire

DALLAS, March 4, 2013

DALLAS, March 4, 2013 /PRNewswire/ -- MetroPCS Communications, Inc. (NYSE:
PCS) (the "Company") announced today that MetroPCS Wireless, Inc.
("Wireless"), an indirect wholly-owned subsidiary, plans to offer, subject to
market and other conditions, two tranches of its senior notes, each of
"benchmark" size (collectively, the "Notes"), in a private offering that is
exempt from the registration requirements of the Securities Act of 1933, as
amended (the "Securities Act").  Wireless will deposit the net proceeds of
this offering into a segregated account and keep such net proceeds on hand at
all times in cash or cash equivalents. If Wireless' merger with T-Mobile USA,
Inc. is consummated, it intends to use the net proceeds from this private
offering to repay the outstanding amounts owed under its existing senior
secured credit facility, to pay liabilities under related interest rate
protection agreements and to pay related fees and expenses, and to use the
remainder for general corporate purposes.

The Notes will be offered and sold only to qualified institutional buyers in
reliance on Rule 144A and in offshore transactions pursuant to Regulation S
under the Securities Act. The Notes have not been registered under the
Securities Act or any state securities laws and may not be offered or sold in
the United States absent an effective registration statement or an applicable
exemption from registration requirements, or in a transaction not subject to
the registration requirements of the Securities Act or any state securities
laws. This release shall not constitute an offer to sell or the solicitation
of an offer to buy any of these securities, nor shall it constitute an offer,
solicitation or sale in any jurisdiction in which such offer, solicitation or
sale is unlawful.

About MetroPCS Communications, Inc.

Dallas-based MetroPCS Communications, Inc. (NYSE: PCS) is a provider of no
annual contract, unlimited wireless communications service for a flat-rate.
MetroPCS is the fifth largest facilities-based wireless carrier in the United
States based on number of subscribers served. With Metro USA(SM), MetroPCS
customers can use their service in areas throughout the United States covering
a population of over 280 million people. As of December 31, 2012, MetroPCS had
approximately 8.9 million subscribers. For more information please visit
www.metropcs.com.

Safe Harbor Statement

This news release includes "forward-looking statements" for the purpose of the
"safe harbor" provisions within the meaning of the Private Securities
Litigation Reform Act of 1995, as amended, and rule 3(b)-6 under the
Securities Exchange Act of 1934, as amended.  Any statements made in this news
release that are not statements of historical fact, including statements about
the Company's beliefs and expectations, are forward-looking statements and
should be evaluated as such. Forward-looking statements include information
concerning possible or assumed future results of operations, including
statements that may relate to the Company's plans, objectives, strategies,
goals, future events, future revenues or performance, capital expenditures,
financing needs and other information that is not historical information.
These forward-looking statements often include words such as "anticipate,"
"expect," "suggests," "plan," "believe," "intend," "estimates," "targets,"
"projects," "should," "would," "could," "may," "will," "forecast," and other
similar expressions.  These forward-looking statements are based on reasonable
assumptions at the time they are made, including the Company's current
expectations, plans and assumptions that have been made in light of its
experience in the industry, as well as the Company's perceptions of historical
trends, current conditions, expected future developments and other factors it
believes are appropriate under the circumstances.  Forward-looking statements
are not guarantees of future performance or results. Actual financial results,
performance or results of operations may differ materially from those
expressed in the forward-looking statements. Factors that may materially
affect such forward-looking statements include:

  o the highly competitive nature of the wireless broadband mobile industry
    and changes in the competitive landscape;
  o the Company's and each of its competitor's current and planned promotions
    and advertising, marketing, sales and other initiatives, including pricing
    decisions, entry into consolidation and alliance activities, and the
    Company's ability to respond to and support them;
  o the inability to have developed or to obtain handsets, equipment or
    software that the Company's customers want, demand and expect or to have
    handsets, equipment or software serviced, updated, revised or maintained
    in a timely and cost-effective manner for the prices and with the features
    its customers want, expect or demand;
  o the Company's ability to construct, operate and manage its networks to
    deliver the services, content, applications, service quality and speed its
    customers expect and demand and to provide, maintain and increase the
    capacity of its networks and business systems to satisfy the demands of
    its customers and the demands placed by devices on its networks;
  o the Company's plans and expectations relating to, without limitation; (i)
    its growth opportunities and competitive position; (ii) its products and
    services; (iii) its customer experience; (iv) its results of operations,
    including expected synergies, earnings and cash flows; (v) its credit
    ratings; and (vi) integration matters;
  o expectations, intentions and outcomes relating to outstanding litigation,
    including securities, class action, derivative, patent and product safety
    claims, by or against third parties;
  o changes in economic, business, competitive, technological and/or
    regulatory factors, including the passage of legislation or action by
    governmental or regulatory entities;
  o any changes in the regulatory environment in which the Company operates,
    including any change or increase in restrictions on the Company's ability
    to operate its networks;
  o terminations of, or limitations imposed on, the Company's business by
    contracts entered into by the Company, or the effect of provisions with
    respect to change in control, exclusivity, commitments or minimum purchase
    amounts contained in such contracts;
  o the impact of economic conditions on the Company's business plans and
    strategies;
  o delays in, or changes in policies related to, income tax refunds or other
    governmental payments;
  o the impact on the Company's networks and businesses from major equipment
    failures and security breaches related to the network or customer
    information;
  o the ability to obtain financing on terms favorable to the Company;
  o the impact of public and private regulations;
  o possible disruptions or intrusions of the Company's network, billing,
    operational support and customer care systems that may limit or disrupt
    the Company's ability to provide service, or which may cause disclosure or
    improper use of customers' information and associated harm to the
    Company's customers, systems, reputation and goodwill;
  o the Company's continued ability to offer a diverse portfolio of wireless
    devices, some on an exclusive basis;
  o the Company's ability to obtain and continue to obtain roaming on terms
    that are reasonable;
  o severe weather conditions, natural disasters, energy shortages, wars or
    terrorist attacks, and any resulting financial impact not covered by
    insurance;
  o disruptions of the Company's key suppliers' provisioning of products,
    services, content or applications;
  o fluctuations in interest and exchange rates;
  o significant increases in benefit plan costs or lower investment returns on
    plan assets;
  o material adverse changes in labor matters, including labor negotiations or
    additional organizing activity, and any resulting financial and/or
    operational impact;
  o the diversion of management's time and attention to litigation;
  o changes in the Company's accounting assumptions that regulatory agencies,
    including the SEC, may require or that result from changes in the
    accounting rules or their application, which could result in an impact on
    earnings;
  o the significant capital commitments of the Company;
  o the current economic environment in the United States; disruptions to the
    credit and financial markets in the United States; and the impact of the
    economy on consumer demand and fluctuations in consumer demand generally;
  o the Company's ability to manage its growth, achieve planned growth, manage
    churn rates, maintain cost structures and achieve additional economies of
    scale;
  o the Company's ability to negotiate and maintain acceptable agreements with
    its suppliers and vendors, including obtaining roaming on reasonable
    terms;
  o the seasonality of the Company's businesses and any failure to have strong
    customer growth in the first and fourth quarters;
  o the rates, nature, collectability and applicability of taxes and
    regulatory fees on the services the Company provides and increases or
    changes in taxes and regulatory fees or the services to, or the manner in,
    which such taxes and fees are applied, calculated, or collected;
  o the rapid technological changes in the Company's industry and the
    Company's ability to adapt, respond and deploy new technologies and
    successfully offer new services using such new technology;
  o the Company's ability to fulfill the demands and expectations of its
    customers, provide the customer care such customers want, expect, or
    demand and secure the products, services, applications, content and
    network infrastructure equipment the Company needs, or which its customers
    or its potential customers want, expect or demand;
  o the availability of additional spectrum and the Company's ability to
    secure additional spectrum, or secure it at acceptable prices, when we
    need it;
  o the Company's ability to adequately defend against suits filed by others
    and to enforce or protect its intellectual property rights;
  o the Company's capital structure, including the indebtedness amounts, the
    limitations imposed by the covenants in the documents governing the
    indebtedness and the maintenance of the financial and disclosure controls
    and procedures;
  o the Company's ability to attract and retain key members of management and
    train personnel;
  o the Company's reliance on third parties to provide distribution, products,
    software content and services that are integral, used in or sold by its
    business and the ability of its suppliers to perform, develop and timely
    provide technological developments, products and services that we need to
    remain competitive;
  o governmental regulation affecting the Company's services and changes in
    government regulation, and the costs of compliance and the failure to
    comply with such regulations; and
  o other factors described or referenced from time to time in the Company's
    filings with the Securities and Exchange Commission, including its Annual
    Report on Form 10-K for the year ended December 31, 2012.

The forward-looking statements speak only as of the date made, are based on
current assumptions and expectations, and are subject to the factors above,
among other things, and involve risks, uncertainties, events, circumstances
and assumptions, many of which are beyond our ability to foresee, control or
predict.  You should not place undue reliance on these forward-looking
statements.  All future written and oral forward-looking statements
attributable to us or persons acting on our behalf are expressly qualified in
their entirety by our cautionary statements.  MetroPCS Communications, Inc.
does not intend to, is not obligated to, and does not undertake a duty to,
update any forward-looking statement to reflect the occurrence of events or
circumstances after the date of this release, except as required by law.  The
results for the fourth quarter and twelve months ended 2012 may not be
reflective of results for any subsequent period.  The Company does not plan to
update nor reaffirm guidance except through formal public disclosure pursuant
to Regulation FD.

(Logo:  http://photos.prnewswire.com/prnh/20121029/MM02011LOGO)

SOURCE Metro PCS Communications, Inc.

Website: http://www.metropcs.com
Contact: Investor Relations, Keith Terreri, Vice President - Finance &
Treasurer, or Jim Mathias, Director - Investor Relations, 214-570-4641,
investor_relations@metropcs.com
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