T-Mobile to close MetroPCS deal

T-Mobile USA, the country's fourth-largest cellphone carrier, is set to complete its acquisition of MetroPCS after the stock market closes on April 30. No immediate changes are expected for customers of either company. However, T-Mobile plans to shut down MetroPCS's network over two years, which means MetroPCS phones will eventually stop working. T-Mobile will use the space freed up on the airwaves to boost its own coverage and data speeds.