MetroPCS Communications News

Thomas C. Keys, President and Chief Operating Officer, and J. Braxton Carter, Chief Financial Officer and Vice Chairman, of MetroPCS Communications, Inc.

Bloomberg reported Thursday that T-Mobile's parent company, Deutsche Telekom, is considering a merger with Richardson-based MetroPCS Communications , the fifth largest mobile phone carrier in the country.

Shares of U.S. wireless operator MetroPCS Communications are down 44 cents, or almost 6%, at $7.05, retreating from yesterday's 14% gain following reports Deutsche Telekom might be interested in merging its T-Mobile USA unit with PCS.

Grand Canyon Education, Inc. : Barrington increased its target on Grand Canyon after the company reported stronger than expected Q1 results.

Accretive Health, Inc. : Sees FY12 revenue $960M-$992M, consensus $1.01B. Sees PCARR at year end will be in the range of $960M-$1.005B. Sees FY12 adjusted EBITDA $80M-$95M. The shares closed at $10.54, up $1.69, or 19.1%. They have traded in a 52-week range of $7.75 to $32.82. MetroPCS Communications Inc : Deutsche Telekom is discussing a merger of ... (more)

Spain is expected to announce the partial nationalisation of Bankia after the troubled bank's new chairman called for state intervention at a board meeting on Wednesday evening, people familiar with the situation said.

Verizon Wireless's $3.6 billion plan to buy airwaves from cable providers has raised concerns with federal regulators that the purchase may harm competition in the wireless market, three people familiar with the matter said.

Deutsche Telekom AG may be trying to unload T-Mobile USA via a merger with Metro PCS , according to sources close to the deal.

Shares in MetroPCS Communications surged as much as 29 percent on Wednesday after Bloomberg reported it was discussing a merger with T-Mobile USA .

Let's take a look at how it got there and whether cloudy skies remain in the forecast.

The U.S. Federal Communications Commission said on Tuesday it would extend its review of proposed multibillion- dollar airwaves deals between Verizon Wireless and several cable operators to account for filing delays.