MetroPCS Response to Federal Communication Commission's Universal Service Fund and Intercarrier Compensation System Vote
DALLAS, Oct. 27, 2011 /PRNewswire/ -- MetroPCS Communications, Inc. (NYSE: PCS) Chairman & Chief Executive Officer Roger D. Linquist today released the following statement in response to the Federal Communication Commission's ruling and reform of the Universal Service Fund and the Intercarrier Compensation System.
"We support the Commission's comprehensive reform of the Intercarrier Compensation system. The Order benefits consumers by resolving many long-standing inequities in the current intercarrier compensation regime. This action will foster broadband deployment and fulfills one of the pillars of the National Broadband Plan. The new regime discourages arbitrage and will limit wasteful traffic pumping schemes. Chairman Genachowski has shown bold leadership, pragmatism and perseverance. We thank him and the rest of the Commissioners for their diligence in adopting this thoughtful Order."
Dallas-based MetroPCS Communications, Inc. (NYSE: PCS) is a provider of no annual contract, unlimited wireless communications service for a flat-rate. MetroPCS is the fifth largest facilities-based wireless carrier in the United States based on number of subscribers served. With Metro USA(SM), MetroPCS customers can use their service in areas throughout the United States covering a population of over 280 million people. As of June 30, 2011, MetroPCS had approximately 9.1 million subscribers. For more information please visit http://www.metropcs.com.
SOURCE MetroPCS Communications, Inc.
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MetroPCS Communications, Inc.
CONTACT: Media, Drew Crowell of GolinHarris, +1-972-341-2581, dcrowell@golinharris.com, for MetroPCS; or Investors, Jim Mathias, Director Investor Relations of MetroPCS Communications, Inc., +1-214-570-4641, investor_relations@metropcs.com