This Schedule 13G reflects the shares of Common Stock (as defined below) reported by Paulson & Co. Inc. herein after the issuance of Common Stock to Deutsche Telekom in connection with the combination with T-Mobile USA, Inc. and the effectiveness of the reverse stock split. Paulson & Co. Inc. initially reported its beneficial ownership of Common Stock on a Schedule 13G filed on February 14, 2013, and subsequently on a Schedule 13D filed on March 1, 2013, as amended on March 27, 2013 and April 11, 2013.
ITEM 1(a).Name of Issuer:
MetroPCS Communications, Inc (“Issuer”)
Item 1(b). Address of Issuer's Principal Executive Offices:
2250 Lakeside Boulevard
Richardson, Texas 75082
Item 2(a). Name of Persons Filing:
Paulson & Co. Inc. (“Paulson”);
Item 2(b). Address of Principal Business Office or, if None, Residence:
1251 Avenue of the Americas, New York, New York 10020.
Item 2(c).Citizenship:
Delaware corporation.
Item 2(d). Title of Class of Securities
Common Stock, par value $0.0001 per share (“Common Stock”)
Item 2(e). CUSIP Number: 591708102
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
This statement is filed pursuant to Rule 13d-1(b)(1)(ii)(E).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 16,645,150
(b) Percent of class: 2.3%
(c) Number of shares of Common Stock as to which Paulson holds:
(i) Sole power to vote or direct the vote: 16,645,150 (See Note 1.)
(ii) Shared power to vote or direct the vote: 0
(iii) Sole power to dispose or direct the disposition: 16,645,150 (See Note 1.)
(iv) Shared power to dispose or direct the disposition: 0
Note 1: Paulson, an investment advisor that is registered under the Investment Advisers Act of 1940, furnishes investment advice to and manages onshore and offshore pooled investment vehicles and to separate managed accounts (collectively, such pooled investment vehicles and accounts shall be referred to as the “Funds”). In its role as investment advisor, or manager, Paulson possesses voting and investment power over the securities of the Issuer described in this Schedule that are owned by the Funds. All securities reported in this Schedule are owned by the Funds. Paulson disclaims beneficial ownership of such securities.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [X].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
All securities reported in this Schedule are owned by Paulson’s advisory clients, none of which to Paulson’s knowledge owns more than 5% of the class. Paulson itself disclaims beneficial ownership of all such securities.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10.Certification.
By signing below the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.