updated 04:50 pm EDT, Mon September 8, 2008
T-Mobile replaces SunCom
Wireless network provider T-Mobile announced on Monday it will launch its stores and provide service in the markets formerly occupied by SunCom, as well as effectively taking over SunCom's client base. These markets include North Carolina, South Carolina, Tennessee, Georgia and Puerto Rico as well as the US Virgin Islands. T-Mobile's acquisition of SunCom Wireless, first announced in September of 2007, was completed in February of 2008 for a sum of $2.4 billion in cash and assumed debt.
The former SunCom subscribers will have access to rate plans comparable or greater in value with T-Mobile, the carrier claims, and most will be able to keep their existing phone number as well. In addition, T-Mobile said it spent more than $100 million since February on upgrading its network in the Carolinas and Puerto Rico. Monday also marks the day when former SunCom stores were re-opened under the T-Mobile banner, with SunCom customers receiving information about the switch later on this month.