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All These Companies Seem to Plan Bankruptcy as part of their Business Strategy from the Begining.

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www.investigativeblogger.com/2011/03/metropcs-communications-inc-pcs.html
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MetroPCS Communications Inc. (PCS) - Terrestar Network Bidder?

MetroPCS Communications Inc. (PCS) is said to be bidding on TerreStar as is Harbinger Capital Partners yet their seems to be a Hush on this, though the Outcome "Predictable".

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Crystal@CrystalCox.com

Links to Research

http://www.investigativeblogger.com/search/label/MetroPCS%20Communications%20Inc.

http://www.advfn.com/nyse/StockNews.asp?stocknews=PCS&article=45731859&headline=terrestar-creditors-fight-over-competing-backstop-plans


http://blogs.wsj.com/bankruptcy/2010/12/17/the-daily-docket-metropcs-eyes-terrestar-assets/


http://www.businessweek.com/news/2011-03-03/metropcs-looking-at-everything-in-wireless-spectrum-hunt.html

"MetroPCS Communications Inc. is exploring a purchase of assets of mobile-communications business TerreStar Networks Inc. out of bankruptcy court, said people familiar with the matter.

No offer has been made and a deal may never materialize, the people cautioned.

But they said MetroPCS is among parties that are considering a potential deal for TerreStar, which could attract a price greater than $1 billion.

TerreStar's most attractive assets are government licenses to use certain pieces of radio spectrum, the limited pockets of airwaves available for high-speed data, or so-called 4G, networks.

MetroPCS, the fifth-largest U.S. wireless carrier by subscribers, has been on the hunt for spectrum that will help it become a national operator.

Currently, the company must contract out to other carriers for "roaming" agreements in areas where it lacks its own network.

TerreStar, based in Reston, Va., owes roughly $1 billion to senior secured bondholders led by Charles Ergen's EchoStar Corp., the satellite-media company that built set-top boxes for Dish Network. Under TerreStar's current bankruptcy reorganization plan, the bondholders would convert their debt to equity and own 97% of the restructured company.

is exploring a sale alongside its current restructuring plans to see if it can attract more value for credit"

Source of Above
http://online.wsj.com/article/SB10001424052748703395204576023912844845554.html?mod=WSJ_topics_obama

MetroPCS - LightSquared Inc. - MetroPCS Communications Inc. (PCS)

"MetroPCS is willing to consider partnering with various network operators to bring it more wireless capacity, including billionaire Philip Falcone's LightSquared Inc."

MetroPCS Communications Inc. (PCS), the pay-as-you-go mobile-phone carrier, said it is considering all options in a search for additional wireless spectrum that would help it expand more rapidly in the U.S.

“We’re looking at everything out there” on spectrum, Chief Financial Officer J. Braxton Carter said on a conference call today at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco.

The Dallas-based carrier separately today said it was seeking to expand its $1.6 billion credit agreement to include a new $1.5 billion term loan. Carter said some of those funds could help the company buy capacity for its network.

MetroPCS is willing to consider partnering with various network operators to bring it more wireless capacity, including billionaire Philip Fae’s LightSquarlconed Inc., said Carter. Spectrum describes the airwaves that carry wireless signals.

MetroPCS rose 59 cents, or 4.2 percent, to $14.79 at 1:14 p.m. in New York Stock Exchange composite trading. The shares had gained 12 percent this year before today.

To contact the reporter on this story: Greg Bensinger in New York at gbensinger1@bloomberg.net "

Source of Lightsquared, Philip Falcone Post

http://www.bloomberg.com/news/2011-03-03/metropcs-looking-at-everything-in-wireless-spectrum-search-cfo-says.html