MetroPCS Communications, Inc. (PCS)

[bowonwing]

MetroPCS currently expects new subscriber additions in the range of 1.0 million - 1.2 million for the full year. In addition, 2009 consolidated Adjusted EBITDA is now projected to range between $850 million and $950 million."

Earlier, the company had expected net subscriber additions in the range of 1.4 million - 1.7 million for 2009, and consolidated adjusted EBITDA in the range of $900 million - $1.1 billion for the full year."

Citing the uncertainty in the economic and competitive environment and pending the development of MetroPCS's current and planned marketing and sales initiatives, the company said it is not providing financial guidance for fiscal year 2010." from "Trading Markets.com"

I guess this is what is causing the sell-off today.