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MetroPCS

October 4, 2009

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Shares of MetroPCS Communications Inc. declined after a JPMorgan Chase & Co. analyst cut the pay-as-you-go wireless carrier to “neutral’’ from “overweight.’’ Analyst Mike McCormack blamed “high penetration and heavy competition,’’ as rivals such as Sprint Nextel expand into the prepaid market. Leap Wireless International Inc. fell nearly 15 percent for the week.