New Report Says Sprint Unlikely To Go After MetroPCS As Verizon CEO Announces Support For T-Mobile Deal
There’s been plenty of talk since the T-Mobile/MetroPCS announcement that [read full article]
MetroPCS, T-Mobile Merger To Be Reviewed By Justice Department, FBI
In a fairly standard move, the US Department of Justice along with the Federal Bureau of Investigation have filed a request with the FCC pertaining to the T-Mobile, MetroPCS merger. Both government entities have asked the FCC to “defer action,” or have asked them to delay their decision in order for both … [read full article]
Justice Department Asks MetroPCS For More Details On T-Mobile USA Merger
MetroPCS made a brief announcement yesterday on their website that the Department of Justice had requested more information “in connection with MetroPCS’ proposed transaction with T-Mobile USA, Inc.” This second request for information will extend the regulatory review period by an extra 30 days, but MetroPCS, T-Mobile USA and Deutsche … [read full article]
T-Mobile, MetroPCS Merger Talks Began Two Days After AT&T Talks Ended
A preliminary proxy statement filed with the FCC last week by MetroPCS is yielding all sorts of interesting info on their proposed deal with T-Mobile. In fact, the most notable piece of information might be the date talks began,[read full article]
T-Mobile Execs: We See More Industry Consolidation Down The Road
Speaking at the 12th annual Morgan Stanley Technology, Media and Telecommunications conference, T-Mobile CTO Neville Ray and T-Mobile COO Jim Alling both spoke about the company’s future with MetroPCS and the industry beyond. For Alling’s behalf, he discussed the idea that more industry consolidation is coming and that the possibility of going from four national carriers to three remains a distinct possibility. “Is … [read full article]
T-Mobile Sends Letter To Customers Explaining MetroPCS Merger, Impact
In an unsurprising move, T-Mobile is getting the word out to their customers with a new letter describing the proposed merger with MetroPCS. The letter comes from T-Mobile’s new CEO, John Legere and includes an FAQ section hoping to address any general concerns customers … [read full article]
T-Mobile USA, MetroPCS File Formal Documents With FCC Seeking Merger Approval
In a formal move with the FCC, T-Mobile USA and MetroPCS submitted official papers on October 18th seeking approval for their anticipated merger. According to the FCC filing, the companies will send similar documents to US antitrust authorities, specifically the Department of … [read full article]
MetroPCS Shareholders File Suit To Block Deutsche Telekom Merger
According to a brand new lawsuit filed in Dallas, Texas, the merger between T-Mobile USA and MetroPCS is “cheating shareholders” through a “drastically undervalued” merger. Under the agreed upon terms of the deal, MetroPCS declares a 1-for-2 reverse stock split and makes a $1.5 … [read full article]
(Update: Confirmed) Report: SoftBank To Buy 70 Percent Stake In Sprint Nextel Corp
Update: SoftBank, Sprint held a press conference early this morning to officially announce the acquisition. With reports surfacing right before the end of the week that [read full article]
Deutsche Telekom, MetroPCS Merger Expected To Close Before June 2013
Deutsche Telekom Chief Financial Officer Timotheus Hoettges told a German newspaper he expects to close the merger of the company’s US unit and MetroPCS sometime before June 2013. Of course, all that assumes the MetroPCS board votes in favor, regulators … [read full article]