Article: MetroPCS Communications, Inc. Announces Pricing of Initial Public Offering.

DALLAS -- MetroPCS Communications, Inc. (NYSE:PCS) today announced its initial public offering of 50,000,000 shares of common stock priced at $23.00 per share. The Company is offering 37,500,000 shares of common stock and certain of the Company's existing stockholders are offering 12,500,000 shares of common stock in the offering. The selling stockholders also granted the underwriters an option to purchase up to an additional 7,500,000 shares of common stock from existing stockholders to cover over-allotments, if any.

The shares will begin trading on April 19, 2007, on the New York Stock Exchange under the symbol "PCS". The offering is expected to close on April ...

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