form13ga.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934
ANNUAL FILING
(Amendment No. “1”)

MetroPCS Communications Inc.
(NAME OF ISSUER)
Common Stock
(TITLE CLASS OF SECURITIES)
591708102
(CUSIP NUMBER)
12/31/08
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)

CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED:

 
T  RULE 13D-1(B)
 
£  RULE 13D-1(C)
 
£  RULE 13D-1(D)

*THE REMAINDER OF THIS COVER PAGE SHALL BE FILLED OUT FOR A REPORTING PERSON'S INITIAL FILING ON THIS FORM WITH RESPECT TO THE SUBJECT CLASS OF SECURITIES, AND FOR ANY SUBSEQUENT AMENDMENT CONTAINING INFORMATION WHICH WOULD ALTER THE DISCLOSURES PROVIDEDIN A PRIOR COVER PAGE.

THE INFORMATION REQUIRED IN THE REMAINDER OF THIS COVER PAGE SHALL NOT BE DEEMED TO BE "FILED" FOR THE PURPOSE OF SECTION 18 OF THE SECURITIES EXCHANGE ACT OF 1934 ("ACT") OR OTHERWISE SUBJECT TO THE LIABILITIES OF THAT SECTION OF THE ACT BUT SHALL BE SUBJECT TO ALL OTHER PROVISIONS OF THE ACT (HOWEVER, SEE THE NOTES).
 
 
CUSIP NO. 591708102
PAGE  2 OF 13


1.
NAME OF REPORTING PERSON/EIN
 
General Motors Investment Management Corporation
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP.*
     
 
NOT APPLICABLE
A o
   
B o
     
3.
SEC USE ONLY
  
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York, New York
  
     
     
5.
SOLE VOTING POWER
 
SHARES    0
  
6.
SHARED VOTING POWER
 
SHARES    1,385,000
  
7.
SOLE DISPOSITIVE POWER
 
SHARES    0
  
8.
SHARED DISPOSITIVE POWER
 
SHARES    1,385,000
  
9.
TOTAL BENEFICIALLY OWNED
 
SHARES    1,385,000
  
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
     
 
NOT APPLICABLE
  
     
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     
 
.4%
  
     
12.
TYPE OF REPORTING PERSON*
 
IA, CO
  
-----------
 

CUSIP NO. 591708102         13G
PAGE  3 OF 13

1.
NAME OF REPORTING PERSON/EIN
 
JPMorgan Chase Bank, N.A. as trustee for First Plaza Group Trust
     
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP.*
     
 
NOT APPLICABLE
A o
   
B o
3.
SEC USE ONLY
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York, New York
  
     
     
5.
SOLE VOTING POWER
 
0
  
6.
SHARED VOTING POWER
 
1,270,197
  
7.
SOLE DISPOSITIVE POWER
 
0
  
8.
SHARED DISPOSITIVE POWER
 
1,270,197
  
9.
TOTAL BENEFICIALLY OWNED
 
1,270,197
  
     
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
     
 
NOT APPLICABLE
  
     
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     
 
.36%
  
     
12.
TYPE OF REPORTING PERSON*
 
EP
  
 

CUSIP NO. 591708102        13G
PAGE  4 OF 13

1.
NAME OF REPORTING PERSON/EIN
 
JPMorgan Chase Bank, N.A. as trustee for General Motors Hourly-Rate Employes Pension Trust
     
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP.*
     
 
NOT APPLICABLE
A o
   
B o
3.
SEC USE ONLY
  
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York, New York
  
     
     
5.
SOLE VOTING POWER
 
0
  
6.
SHARED VOTING POWER
 
59,413
  
7.
SOLE DISPOSITIVE POWER
 
0
  
8.
SHARED DISPOSITIVE POWER
 
59,413
  
9.
TOTAL BENEFICIALLY OWNED
 
59,413
  
     
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
     
 
NOT APPLICABLE
  
     
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     
 
.02%
  
     
12.
TYPE OF REPORTING PERSON*
 
EP
  
 
 
CUSIP NO. 591708102         13G
PAGE  5 OF 13

1.
NAME OF REPORTING PERSON/EIN
 
JPMorgan Chase Bank, N.A. as trustee for General Motors Salaried Employes Pension Trust
     
     
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP.*
     
 
NOT APPLICABLE
A o
   
B o
3.
SEC USE ONLY
     
4.
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York, New York
  
     
     
5.
SOLE VOTING POWER
 
0
  
6.
SHARED VOTING POWER
 
55,390
  
7.
SOLE DISPOSITIVE POWER
 
0
  
8.
SHARED DISPOSITIVE POWER
 
55,390
  
9.
TOTAL BENEFICIALLY OWNED
 
55,390
  
     
10.
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
     
 
NOT APPLICABLE
  
     
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
     
 
.02%
  
     
12.
TYPE OF REPORTING PERSON*
 
EP
  
 
 
ITEM 1.
       
 
(A) NAME OF ISSUER
 
MetroPCS Communications Inc. (‘PCS’)
       
 
(B)  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
 
P.O. Box 5119
 
Carol Stream, IL  60197-5119
       
ITEM 2.
       
 
(A)  NAME OF PERSON FILING
    (i)
General Motors Investment Management Corporation(“GMIMCo”)
    (ii) 
JPMorgan Chase Bank, N.A. as Trustee for First Plaza Group Trust (“Trust”)
    (iii)
JPMorgan Chase Bank, N.A. as Trustee for General Motors Hourly-Rate Employes Pension Trust  (“Trust”)
    (iv) 
JPMorgan Chase Bank, N.A. as Trustee General Motors Salaried Employes Pension Trust (“Trust”)
       
 
(B)  ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
       
    (i)
GMIMCo
     
767 Fifth Avenue
     
New York, NY 10153
       
    (ii)
Trust
     
c/o JPMorgan Chase Bank
     
1 Chase Manhattan Plaza
     
New York,NY 10005
       
    (iii)
Trust
     
c/o JPMorgan Chase Bank
     
1 Chase Manhattan Plaza
     
New York,NY 10005
       
    (v)
Trust
     
c/o JPMorgan Chase Bank
     
1 Chase Manhattan Plaza
     
New York,NY 10005
       
 
(C)  CITIZENSHIP
       
    (i)
GMIMCo – Delaware
    (ii)
Trust – New York
    (iii)
Trust – New York
    (iv)
Trust – New York
       
 
(D)  TITLE CLASS OF SECURITIES
 
Common Stock
       
 
(E)  CUSIP NUMBER
 
591708102
       
ITEM 3.
IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR
 
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
   
(select either E or F)
(E)
x    Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 (in the case of GMIMCo)
       
(F)
x    Employee Benefit Plan, Pension Fund which is subject tothe provisions of the Employee Retirement Income SecurityAct OF 1974 or Endowment Fund (in the case of the Trust)
SEE SECTION 240.13d-1(b)(1)(ii)(F)
 
 
PAGE  7 of 13
ITEM 4. OWNERSHIP
The Trusts are trusts formed under and for the benefit of one or more employee benefit plans (“Plans”) of General Motors Corporation (“GM”), its subsidiaries and unrelated employers. GMIMCo is registered as an investment adviser under the Investment Advisers Act of 1940.  Its principal business is providing investment advice and investment management services with respect to the assets of the Plans and of certain direct and indirect subsidiaries of GM and other entities.  The Trusts and GMIMCo are referred to herein as the “Reporting Persons.”

GMIMCo has the responsibility to select and terminate investment managers with respect to the Plans.  It also itself manages certain assets of the Plans.  GMIMCo has discretionary authority over the assets of the Plans which it manages including voting and investment power with respect to securities of the Issuer included among such assets. In view of GMIMCo’s management of certain assets of the Plans, the following information is being provided as of December 31, 2008 with respect to such securities of the Issuer under management by GMIMCo for the benefit of the Plans
(1):
          
 
 
(A)  AMOUNT BENEFICIALLY OWNED
 
 
(i)
GMIMCo
 1,385,000
 
  
 
(ii)
Trust
1,270,197
    
 
(iii)
Trust
59,413
    
 
(iv)
Trust
55,390
    
 
(B)  PERCENT OF CLASS
           
 
(i)
GMIMCo
 .40
%
 
 
(ii)
Trust
.36
%
  
 
(iii)
Trust
.02
%
  
 
(iv)
Trust
.02
%
  
           
 
(C)  NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
 
(I)    SOLE POWER TO VOTE OR TO DIRECT THE VOTE
0
 
(II)   SHARED POWER TO VOTE OR TO DIRECT THE VOTE  -
Same as set forth under Item 4 (a) above
 
(III)  SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION -
0
 
(IV)  SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF –
Same as set forth under Item 4 (a) above.

The various trusts established under the Plans invest in a variety of investment media, including publicly traded and privately placed securities.  Such investments could include shares of the Issuer and/or other securities of the Issuer in addition to those referred to in this statement (“Additional Securities”).  The investment and voting decisions regarding any Additional Securities which might be owned by such trusts are made by the trustees thereof or unrelated investment managers, who, in so acting, act independently of GMIMCo  (although the appointment of such investment managers is subject to authorization of and termination by GMIMCo as noted above). No information regarding any such holdings by such trusts under the Plans is contained in this statement.

ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
x
 --------------
(footnotes)
 (1) Pursuant to Rule 13d-4.  The Reporting Persons expressly declare that the filing of this statement shall not be construed as an admission that any such Person is, for the purposes of Sections 13(d) or 13(g) of the Securities Exchange Act      of 1934, as amended, the beneficial owner of any securities covered by this statement.
 
 
PAGE  8 OF 13

ITEM 6.
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
   
 
NOT APPLICABLE
   
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 the undersigned’s knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect.
 
 
PAGE 9 of 13

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated:  February 11, 2009

 
GENERAL MOTORS INVESTMENT MANAGEMENT CORPORATION
   
   
 
By: /S/ Duen-Li Kao
 
Name: Duen-Li Kao
 
Title: Chief Investment Officer
 
 
PAGE 10 of 13

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated:  February 11, 2009


 
JPMORGAN CHASE BANK, N.A.
 
As trustee for FIRST PLAZA GROUP TRUST
 
(as directed by General Motors Investment Management Corporation)
   
   
 
By: /s/Edward J. Petrow
 
Name: Edward J. Petrow
 
Title: Vice President

 
PAGE 11 of 13

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated:  February 11, 2009


 
JPMORGAN CHASE BANK, N.A.
 
As trustee for General Motors Hourly-Rate Employes Pension
 
Trust (as directed by General Motors Investment Management Corporation)
 
 
   
   
 
By: /s/Edward J. Petrow
 
Name: Edward J. Petrow
 
Title: Vice President
 
 
PAGE 12 of 13

After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated:  February 11, 2009


 
JPMORGAN CHASE BANK, N.A.
 
As trustee for General Motors Salaried Employes Pension Trust
 
(as directed by General Motors Investment Management Corporation)
   
   
   
 
By: /s/Edward J. Petrow
 
Name: Edward J. Petrow
 
Title: Vice President
 
 
PAGE 13 OF 13
JOINT FILING AGREEMENT

This will confirm the agreement by and among all the undersigned that the Schedule 13G filed on or about this date with respect to the beneficial ownership by the undersigned of shares of common stock of MetroPCS Communications Inc. being, and any and all amendments to such Schedule may be, filed on behalf of each of the undersigned. This Agreement may be executed in two or more counterparts, each of which will be deemed an original, but all of which together shall constitute one and the same instrument.

Dated:  February 11, 2009

 
 
GENERAL MOTORS INVESTMENT MANAGEMENT CORPORATION
   
   
 
By: /S/ Duen-Li Kao
 
Name: Duen-Li Kao
 
Title: Chief Investment Officer
   
   
   
 
JPMORGAN CHASE BANK, N.A.
 
As trustee for FIRST PLAZA GROUP TRUST
 
(as directed by General Motors Investment Management Corporation)
   
   
 
By: /s/Edward J. Petrow
 
Name: Edward J. Petrow
 
Title: Vice President
   
   
   
 
JPMORGAN CHASE BANK, N.A.
 
As trustee for General Motors Hourly-Rate Employes Pension Trust
 
(as directed by General Motors Investment Management Corporation)
   
   
 
By: /s/Edward J. Petrow
 
Name: Edward J. Petrow
 
Title: Vice President
   
   
   
 
JPMORGAN CHASE BANK, N.A.
 
As trustee for General Motors Salaried Employes Pension Trust
 
(as directed by General Motors Investment Management Corporation)
   
   
 
By: /s/Edward J. Petrow
 
Name: Edward J. Petrow
 
Title: Vice President