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MetroPCS, Inc. was formed in 1994 and was among the
first wireless operators to deploy an all-digital 1xRTT network based on
third generation infrastructure and handsets. The company pioneered
local mobile telephone service at an all-you-can-call flat fee-rate
plan. Today the company serves more than 4.5 million customers in major
markets across the US including Atlanta, Dallas, Detroit, Las Vegas, Los
Angeles, Miami, Philadelphia, San Francisco and Tampa. Clarity’s
investment partners in MetroPCS included Columbia Capital, MC Ventures,
Pacific Capital Group and others.
Case Study
In November 2000, Clarity invested in MetroPCS.
Clarity’s strong telecommunications expertise and contacts within the
wireless industry resulted in favorable investment terms for itself and
other investors. Immediately after the initial investment, Clarity
assisted MetroPCS in its negotiation for its network build-out contract
with Lucent. Clarity’s close working relationships with Lucent helped
management to achieve better terms and save significant amounts of time
and money. In October 2005, Clarity sold a majority of its holdings in a
tender offer led by Madison Dearborn Partners and TA Associates. In
April 2007, the MetroPCS went public through an initial public offering
on NASDAQ.
Contact Information
MetroPCS, Inc.
8144 Walnut Hill Lane,
Suite 600
Dallas, TX 75231
Phone: (214) 265-2551
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