10 Brands to Disappear in 2013

MetroPCS

This tiny carrier has lost all the chances as investors have abandoned the company, depressing its shares from a 52-week high of $17.84 to $5.86. Rivalry with the larger companies has begun to take a major toll. The carrier’s first-quarter earnings were so weak that a number of securities analysts downgraded its shares. According to several Wall St. analysts said the company was in buyout talks with T-Mobile, which is owned by giant European telecommunication company Deutsche Telekom. Later in the same month, MetroPCS shares soared again as the CEO of Sprint-Nextel said he expects consolidation in the cellular carrier market. While MetroPCS is too small to survive on its own, its buyout would give either company the additional customer significant mass it needs.