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News Breaks | | | | October 11, 2012 | | 07:29 EDT |  | PCS | MetroPCS downgraded to Underperform from Perform at Oppenheimer
Oppenheimer downgraded MetroPCS to Underperform to reflect its wireless consolidation expectations. The firm expects Sprint (S) to acquire Leap Wireless (LEAP), and then merge with the combined MetroPCS (PCS), T-Mobile within two years. | |
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