T-Mobile USA, which plans to merge with MetroPCS, will have to overcome technology hurdles to be able to take on bigger rivals Verizon Wireless, AT&T Inc and Sprint Nextel Corp.T-Mobile USA and MetroPCS said on Wednesday that they hope to set themselves up as the leading provider of wireless services to cost-conscious U.S. customers by combining their spectrum assets.But as their networks are incompatible, they will have to convince MetroPCS customers to move to T-Mobile's network with the aim of shutting down the MetroPCS network by the end of 2015. And T-Mobile USA has to upgrade its network with high-speed services to catch up to bigger competitors, the companies said."This all adds up to a hugely complex and challenging migration that will take significant time and investment, and which is a major risk for derailing the benefits of the deal," said Mike Roberts, principal analyst at research firm Informa.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 6.12% or $0.3/share to $5.20. In the past year, the shares have traded as low as $2.10 and as high as $5.76. On average, 66123900 shares of S exchange hands on a given day and today's volume is recorded at 116737448.
AT&T Inc. (AT&T) is a holding company. AT&T is a provider of telecommunications services in the United States and worldwide. Shares of T traded higher by 0.95% or $0.36/share to $38.17. In the past year, the shares have traded as low as $27.41 and as high as $38.58. On average, 24731200 shares of T exchange hands on a given day and today's volume is recorded at 21574024.
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