Company Profile For MetroPCS Communications, Inc.

MetroPCS Communications, Inc. (PCS.N) (New York Stock Exchange)

sector: Telecommunications Services · industry: Wireless Telecommunications Services ·

As of 24 Nov 2009

6.33USD

Price Change

-0.28

Percent Change

-4.24%

Analyst Recommendations

Overview

MetroPCS Communications, Inc. (MetroPCS) is a wireless communications provider that offers wireless broadband mobile services under the MetroPCS brand in selected metropolitan areas in the United States over its own licensed networks or networks of entities, in which the Company holds a substantial non-controlling ownership interest. The Company provides an array of wireless communications services to its subscribers on a no long-term contract, paid-in-advance, flat-rate, unlimited usage basis. As of December 31, 2008, it had approximately 5.4 million subscribers in eight states.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, MetroPCS Communications, Inc.'s revenues increased 26% to $2.55B. Net income increased 6% to $143.18M. Revenue reflects an increase in the service revenues. Net income was partially offset by an increase in cost of services, higher cost of equipment, an increase in selling, general & administrative expenses, higher depreciation & amortization expenses and an increase in interest expenses.