"During the quarter we focused on increasing brand awareness and delivering value to our subscribers. With our continued subscriber growth, we are now the fifth largest facilities-based wireless carrier and the largest regional facilities-based wireless carrier in the U.S. On a consolidated basis, we reported the highest Adjusted EBITDA in company history and, across all our markets we saw strong gross additions during the quarter. Although we experienced an increase in churn during the second quarter, this was due in part to our success in delivering increased gross additions over the previous nine months, seasonality and handset upgrades from customers who did not identify themselves as existing customers," said Roger D. Linquist, Chairman, President and Chief Executive Officer of MetroPCS.

"After a full quarter of Northeast Market results, we are pleased with this segment's performance, highlighted by net subscriber additions of approximately 193 thousand during the second quarter. We continue to buildout and expand our network and increase distribution in parts of New York, New Jersey, Pennsylvania, Massachusetts and Connecticut, significantly enhancing our footprint beyond the initial launch footprint.

"We also are very excited about the launch of our unprecedented unlimited international calling plan introduced late in the second quarter. This service is another example of MetroPCS' commitment to providing industry-leading value to consumers. Most recently, we expanded our leadership position in providing affordable, and valuable unlimited wireless service with the evolution of our rate plans. While challenging economic conditions persist, we continue to invest in differentiation and we are bullish on the growth opportunity within pay-in-advance unlimited wireless. With 36% subscriber growth over the past year, we are confident our growth will continue. As a result, we have today reaffirmed our full year 2009 guidance," Linquist concluded.

  Key Consolidated Financial and Operating Metrics                                                                      (in millions, except percentages, per share, per subscriber and subscriber amounts)                                                                                                                                                                                               Three Months Ended   Three Months Ended   Six Months Ended   Six Months Ended                                         June 30, 2009        June 30, 2008        June 30, 2009      June 30, 2008      Service revenues                      $  767               $  599               $  1,494           $  1,161           Total revenues                        $  860               $  679               $  1,655           $  1,341           Income from operations                $  116               $  136               $  247             $  248             Net income                            $  26                $  50                $  70              $  90              Diluted net income per common share   $  0.07              $  0.14              $  0.20            $  0.25            Consolidated Adjusted EBITDA((1))     $  234               $  210               $  433             $  388             Consolidated Adjusted EBITDA as a                                                                                     percentage of service revenues           30.5       %         35.1       %         29.0       %       33.4       %                                                                                                                          ARPU((1))                             $  40.52             $  42.05             $  40.46           $  42.27           CPGA((1))                             $  159.87            $  140.82            $  145.95          $  132.15          CPU((1))                              $  16.82             $  18.23             $  16.75           $  18.53           Churn-Average Monthly Rate               5.8        %         4.5        %         5.4        %       4.3        %                                                                                                                          Consolidated Subscribers                                                                                              End of Period                            6,256,112            4,598,049            6,256,112          4,598,049       Net Additions                            205,585              183,530              889,279            635,263         Penetration of Covered POPs((2))         7.2        %         8.1        %         7.2        %       8.1        %     -------------------------------------------------------------------------------  

(1) For a reconciliation of Non-GAAP financial measures, please refer to the section entitled "Definition of Terms and Reconciliation of Non-GAAP Financial Measures" included at the end of this release.

(2) Number of covered POPs increased approximately 31 million from 6/30/08 to 6/30/09.

Quarterly Consolidated Results

MetroPCS reported consolidated service revenues of approximately $767 million for the second quarter, an increase of 28% when compared to the prior year second quarter.

Income from operations decreased approximately $20 million, or approximately 15%, for the quarter ended June 30, 2009 as compared to the prior year's second quarter. This was due primarily to an increase in launch expenses and the ramp up of operations in the Northeast Markets, partially offset by an increase in income from operations in the Core Markets due to 24% growth in subscribers in the last twelve months as well as continued cost benefits due to the increasing scale of our business in the Core Markets.

Consolidated Adjusted EBITDA of approximately $234 million increased by approximately $24 million, or 11%, when compared to the same period in the previous year.

Average revenue per user (ARPU) of $40.52 for the quarter represents a decrease of $1.53 when compared to the second quarter of 2008 and an increase of $0.12 when compared to the first quarter of 2009.

The Company's cost per gross addition (CPGA) of $159.87 for the quarter represents an increase of $19.05 when compared to the prior year's second quarter and was primarily driven by the Northeast Markets segment given the recent launches of service in the New York and Boston metropolitan areas, coupled with increased promotional activities.

Cost per user (CPU) decreased to $16.82 in the second quarter, or approximately 8%, when compared to the second quarter of 2008. The change in CPU is primarily due to the Company's continued scaling of the business, partially offset by expenses related to the launch and ramp up of operations in the Northeast Markets.

Churn increased 1.3% from 4.5% to 5.8%, when compared to the second quarter of 2008. The key drivers in the increase in churn were incremental gross additions of approximately 1.3 million during the nine months ended March 31, 2009, as compared to the same period in 2008 coupled with handset upgrades from customers who did not identify themselves as existing customers.

Effective January 1, 2009, the Company implemented a change to the composition of its reportable segments under SFAS No. 131 "Disclosure About Segments of an Enterprise and Related Information." Under this change, the Company now aggregates its thirteen operating segments as follows: the Core Markets include the Atlanta, Dallas/Ft. Worth, Detroit, Las Vegas, Los Angeles, Miami, Orlando/Jacksonville, Sacramento, San Francisco, and Tampa/Sarasota metropolitan areas and the Northeast Markets include the Boston, New York and Philadelphia metropolitan areas. On June 9, 2009, the Company filed a current report on Form 8-K which reflects the retrospective adjustment of the historical quarterly performance measures presented below.

  Core Markets Segment Results                                                                                                          (in millions, except percentages and subscriber amounts)                                                                                                                                                                                                                                                                          Three Months Ended   Three Months Ended   Six Months Ended   Six Months Ended                                                         June 30, 2009        June 30, 2008        June 30, 2009      June 30, 2008      Service revenues                                      $  718               $  599               $  1,422           $  1,161           Total revenues                                        $  797               $  679               $  1,564           $  1,341           Income from operations                                $  214               $  164               $  410             $  299             Adjusted EBITDA                                       $  294               $  232               $  563             $  425                                                                                                                                                   Adjusted EBITDA as a percentage of service revenues      40.9       %         38.8       %         39.6       %       36.6       %                                                                                                                                          Subscribers                                                                                                                           End of Period                                            5,710,226            4,598,049            5,710,226          4,598,049       Net Additions                                            12,645               183,530              447,544            635,263         Penetration of Covered POPs                              9.1        %         8.1        %         9.1        %       8.1        %     -------------------------------------------------------------------------------  

Core Markets Quarterly Results

The Core Markets ended the quarter with 5.7 million subscribers and a 9.1% penetration rate, representing approximately 13 thousand net subscriber additions in the second quarter and 1.1 million net subscriber additions since June 30, 2008.

For the second quarter 2009, income from operations increased approximately $50 million, or 30%, as compared to the second quarter of 2008.

The Core Markets generated second quarter 2009 Adjusted EBITDA of approximately $294 million versus $232 million for the same period a year ago, representing an increase of 27%. Core Market Adjusted EBITDA margins improved from 38.8% in the second quarter of 2008 to 40.9% in the second quarter of 2009.

  Northeast Markets Segment Results                                                                               (in millions, except percentages and subscriber amounts)                                                                                                                                                                                                        Three Months Ended   Three Months Ended   Six Months Ended   Six Months Ended                                   June 30, 2009        June 30, 2008        June 30, 2009      June 30, 2008      Service revenues                $  49                $  -                 $  72              $  -               Total revenues                  $  63                $  -                 $  91              $  -               Income (loss) from operations   $  (84      )        $  (25  )            $  (167     )      $  (41  )          Adjusted EBITDA (Deficit)       $  (60      )        $  (22  )            $  (130     )      $  (37  )                                                                                                                          Subscribers                                                                                                     End of Period                      545,886              -                    545,886            -               Net Additions                      192,940              -                    441,735            -               Penetration of Covered POPs        2.2      %           -                    2.2      %         -                -------------------------------------------------------------------------------  

Northeast Markets Quarterly Results

The Northeast Markets ended the first quarter with approximately 546 thousand subscribers and a 2.2% penetration rate, representing a net subscriber increase of approximately 55% since March 31, 2009.

The Northeast Markets had approximately 193 thousand net subscriber additions for the second quarter 2009.

The Northeast Markets generated an additional $25 million in service revenues for the quarter ended June 30, 2009 over the quarter ended March 31, 2009.

For the second quarter of 2009, loss from operations increased $59 million to $84 million as compared to the second quarter of 2008 as operations in the Northeast Markets segment continue to ramp up.

The Northeast Markets generated a second quarter 2009 Adjusted EBITDA deficit of $60 million versus an Adjusted EBITDA deficit of approximately $22 million for the same quarter in 2008.

Operational and Financial Guidance for 2009

For the year ending December 31, 2009, MetroPCS today reaffirms guidance the Company originally provided on November 5, 2008 that MetroPCS expected net subscriber additions in the range of 1.4 million to 1.7 million on a consolidated basis. The Company currently expects Consolidated Adjusted EBITDA to be in the range of $900 million to $1.1 billion for the year ending December 31, 2009.

MetroPCS currently expects to incur capital expenditures in the range of $0.7 billion to $0.9 billion on a consolidated basis for the year ending December 31, 2009. MetroPCS currently expects to reach unlevered free cash flow positive on a consolidated basis in late 2009.

MetroPCS currently plans to focus on building out networks to cover approximately 40 million of total population during 2009-2010, which includes the Boston and New York metropolitan areas in which service was launched in February 2009.

MetroPCS Conference Call Information

MetroPCS Communications, Inc. will host a conference call to discuss its Second Quarter 2009 Earnings Results at 9:00 a.m. (ET) on Thursday, August 6, 2009.

  Date:                   Thursday, August 6, 2009   Time:                   9:00 a.m. (ET)             Call-in Numbers:        Toll free: 888-464-7607    International:          706-634-9318               Participant Passcode:   15662942                    -------------------------------------------------------------------------------  

Please plan on accessing the conference call ten minutes prior to the scheduled start time.

The conference call will be broadcast live via the Company's Investor Relations website at investor.metropcs.com. A replay of the webcast will be available on the website beginning at approximately 12:30 p.m. (ET) on August 6, 2009.

A replay of the conference call will be available for one week starting shortly after the call concludes and can be accessed by dialing 800-642-1687 (toll free) or 706-645-9291 (International). The passcode required to listen to the replay is 15662942.

To automatically receive MetroPCS financial news by e-mail, please visit the Investor Relations portion of the MetroPCS website, investor.metropcs.com, and subscribe to E-mail Alerts.

About MetroPCS Communications, Inc.