NEW YORK ( TheStreet) -- Wednesday was a good day to own MetroPCS (PCS) and Leap Wireless (LEAP) as the postpaid cellphone carriers jumped higher on over three times the average volume for both companies. MetroPCS popped over 20% to a high of $8.45 Wednesday when Bloomberg reported Deutsche Telekom (DT) , the parent company of T-Mobile USA, and MetroPCS are in possible merger talks.MetroPCS is headquartered in Texas and currently has 9.3 million customers located primarily in 13 metropolitan areas. Leap Wireless followed higher as well, on speculation that it may also become in play soon.
T-Mobile Buying MetroPCS? Don't Count On It
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