Back to top

Analyst Blog

Zacks Equity Research

MetroPCS Unveils VoLTE Services

USM

 ZacksTrade Now

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

One of the leading wireless providers in prepaid segment, MetroPCS Communications, Inc. has launched Voice over LTE (VoLTE) Service through the VoLTE enabled LG Connect 4G Android smartphone.

After being the first U.S. carrier to commercially launch LTE network in 2010, MetroPCS achieved another milestone by becoming the world’s first ever carrier to deploy VoLTE services. The service will be available through selected stores in the U.S. and the company expects to deploy VoLTE services and additional VoLTE enabled smartphones in the near term.  

The company aims to deliver spectrum efficiency by shifting its customers to the VoLTE service. This move would increase network capacity and boost free spectrum currently utilized over voice and data services over CDMA network, leading to enhanced 4G LTE services.

MetroPCS is focused on expanding its footprint in the 4G LTE market. The company has already deployed high-speed 4G LTE services in most of its major markets and expects full coverage by the end of 2012. MetroPCS completed 90% of its 4G network build-out spread across 14 markets.

The company also believes that its transition from 3G to 4G will improve the existing CDMA platform, adding more network capacity to accommodate 4G services as well as reduce costs. The deployment of 4G services will also enable the company to focus on the post-paid market on non-contractual pricing plans providing an edge over its peers like United States Cellular Corporation (USM - Analyst Report). MetroPCS also aims at more spectrum acquisitions in order to deliver optimum spectrum management for an improved wireless experience.

The company is hopeful of a gradual moderation in capital expenditures as customers shift toward 3G and 4G networks from CDMA platforms.

We are currently maintaining our long-term Neutral recommendation on MetroPCS with a Zacks #2 Rank (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%