The Company offers wireless broadband personal communication services, or PCS, on a no long-term contract, flat rate, unlimited usage basis in selected major metropolitan markets in the United States.
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Great fundamentals, no-contract model has a big place in the market. This tail could wag the big dogs on that model; if they grow their customer base at the expense of the big dogs (Verizon, ATT), we could see the 2-year contract model diminish, leaving Metro PCS as an attractive acquisition target. I bought in January 2011...up 25% so far. I still see them as undervalued. $40/share by summer 2012.