As the shareholder vote comes closer, T-Mobile deal with MetroPCS is in real danger of failing
0. phoneArena 01 Apr 2013, 09:46 posted on
With the MetroPCS shareholder vote scheduled for April 12th, the nation's fifth largest carrier has sent out another request to stockholders asking them to vote in favor of the merger with T-Mobile; under the rules of proxy voting, stockholders can change their mind with the last submitted vote being the one that ultimately is counted...
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1. Note2waitingonNote3 (banned) (Posts: 87; Member since: 19 Mar 2013)
Deal will happen period.
2. tigermcm (Posts: 832; Member since: 02 Sep 2009)
I don't understand whats wrong with the deal that the above mentioned are voting against it, am I missing something?
6. TheMan (Posts: 443; Member since: 21 Sep 2012)
As I recall, in the last year or two there were a couple of offers for Metro that valued it much higher. Unfortunately, these never came to fruition (I don't know why; it may have been overvalued).
It's possible these investors are holding out for more money in their pockets.
3. TheLolGuy (Posts: 483; Member since: 05 Mar 2013)
Maybe T-Mobile's planned LTE coverage for 200 million people by year's end was assuming the deal goes through. If thats the case, maybe they won't meet their goal after all...
4. lovenyc8 (Posts: 164; Member since: 13 Mar 2013)
f**k share holders this deal need to happen love you tmobile
5. Zero0 (Posts: 592; Member since: 05 Jul 2012)
Ridiculous. For one, MetroPCS is worth far more to T-Mobile than it is to anyone else, mostly because Metro has the spectrum that T-Mobile needs for its network plans. Further, a merger of any wireless companies will serves to reduce overhead (fewer towers between the companies, namely), which increases value -- the whole is greater than the sum of its parts, if you will. Metro is worth more as a subsidiary than it is worth alone, and apparently, it isn't worth more than what T-Mobile is offering, because no one else has made an offer in the months since T-Mobile's proposal was made.
I want this to go through. While I hate to see a decrease in competition, I think T-Mobile and MetroPCS combined can start to break down the former Bell duopoly. "T-Metro" will have the spectrum needed to build a premier network, and it's only a matter of time before they make it happen.
7. alouden (Posts: 347; Member since: 18 Oct 2011)
I hope it happens too. I am itching to make the jump to T-mobile. Just fed up with Verizon.
8. archangel9 (Posts: 233; Member since: 07 Feb 2010)
It will happen.I feel it in my gut.TMobile got too much to gain and so does Metro PCS
9. alouden (Posts: 347; Member since: 18 Oct 2011)
I have a feeling tmobile will (have to) sweeten the deal. I hope it does happen. I am seriously considering the jump to tmobile.