Deutsche Telekom AG : * Says submitted its best and final offer to Metropcs Communications * Says reduces size of dt shareholder loan by $3.8 billion * Says lowers interest rate on dt shareholder loan by 50 basis points * Says extends lock-up period on dt's shares of combined co to 18 months after close * Says lock-up period was extended by 6 months * Says ownership strucure of newco remains the same with 26 percent for current
MetroPCS Communications, Inc. (MetroPCS Communications) is a wireless telecommunications carrier, which offers wireless broadband mobile services primarily in selected metropolitan areas in the United States, including the Atlanta, Boston, Dallas/Fort Worth, Detroit, Las Vegas, Los Angeles, Miami, New York, Orlando/Jacksonville, Philadelphia, Sacramento, San Francisco and Tampa/Sarasota metropolitan areas. Shares of PCS traded higher by 3.31% or $0.37/share to $11.56. In the past year, the shares have traded as low as $5.53 and as high as $14.51. On average, 6548050 shares of PCS exchange hands on a given day and today's volume is recorded at 23013256.
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