Site icon TmoNews

Deutsche Telekom Said To Be Close To Acquiring MetroPCS

Oh boy, here we go again but this time T-Mobile would on the opposite side of a merger with word coming from Street Insider that T-Mobile USA parent company is close to a deal with MetroPCS. The report came via the papers Twitter account early this morning with the a brief comment saying DT was “said to be near deal with MetroPCS Communications on T-Mobile.” A merger between MetroPCS and T-Mobile would create a carrier much more capable of rivaling third-place Sprint and nipping at the heels of AT&T and Verizon.

MetroPCS had 9.3 million customers at the end of the second quarter, with T-Mobile at 33.2 million at the end of the second quarter. If this deal were to finish, the combed company would have 42.5 million total customers, closing the gap to Sprint’s 56 million.

Arguably, a company with an extra 10 million customers would have greater bargaining power to grab exclusives, and greater scale to compete in a market that is growing increasingly tougher for the “little guys.”

@Street_Insider

Exit mobile version