After a bit of wavering back and forth, MetroPCS’ largest shareholder, John Paulson officially voiced his opposition to the T-Mobile/MetroPCS merger. Paulson argues that any deal in its current form would saddle the new company with too much debt. Paulson’s firm holds a 9.9% stake in MetroPCS, making it the largest shareholder. “We believe MetroPCS is … [read full article]
While March 14th may be a big day for Android and Samsung owners the world over, it’s March 28th that will have the attention of proponents and detractors of the [read full article]
For the second time this week, another major MetroPCS investor has voiced concern over the terms of the T-Mobile merger. Paulson & Co., the biggest MetroPCS shareholder with an 8.7% stake in the company is said to be withholding its decision on whether to vote for the transaction until it sees the final proxy statement. Paulson … [read full article]
As small but influential groups of shareholders openly discuss their discontent with the MetroPCS board and the decision to merge with T-Mobile USA, their parent company defends the deal. Deutsche Telekom’s defense comes as P. Schoenfeld Asset Management [read full article]
An investment advisor holding 7.5 million shares of MetroPCS stock has signaled their intent to vote against the company’s proposer merger with T-Mobile USA. P. Schoenfeld Asset Management which now holds around 2% of MetroPCS shares has sent a letter to the boards of both T-Mobile USA parent Deutsche Telekom and MetroPCS on … [read full article]
In a move that might make most of you yawn and move on, Deutsche Telekom CEO Rene Obermann has announced he will step down from the T-Mobile USA parent company next year. Obermann requested that the termination date for his contract be December 31st of 2013, allowing plenty … [read full article]
Speaking to reporters following T-Mobile’s Apple agreement announcement, CEO John Legere offered an incredibly lofty goal for 2013. Legere’s hope with the addition of the iPhone to T-Mobile’s lineup is that the company can stop the leaking customer faucet and help return the company to subscriber growth as early as 2013. “It is an … [read full article]
All of todays news, in one 55 minute video. You can make time to watch, right? “Listen to the the US management team, that is designated to lead NewCo, the combination of T-Mobile USA and MetroPCS. To download the presentation including the disclaimer in pdf format and to find further material please visithttp://www.telekom.com/cmd12.” [read full article]
Breaking: T-Mobile USA and Apple have entered into an agreement to sell the Apple products on T-Mobile’s network in 2013. “T-Mobile USA has entered into an agreement with Apple to bring products to market together next year,” said DT in a press release. You … [read full article]
Taking the stage at the UBS Global Media and Communications Conference earlier today, MetroPCS Chairman and CEO Roger Linquist and CFO Braxton Carter discussed the pending deal with T-Mobile. Specifically, Linquist discussed that 2013 will be a year of stabilization for T-Mobile’s postpaid customer base and a year of growth … [read full article]
