T-Mobile

T-Mobile and MetroPCS receive all needed regulatory approval for their planned merger

posted by Ray S. / Mar 21, 2013, 6:51 AM

T-Mobile and MetroPCS receive all needed regulatory approval for their planned merger

T-Mobile USA and MetroPCS are one step closer to a successful merger. About a week ago we informed you that the companies have gotten the FCC's blessing, which left only two things to be done before becoming a bigger and more influential company.

The first remaining obstacle in front of the two companies was getting the approval of the Committee on Foreign Investment in the US. Since yesterday, that approval has been granted, which means that the only remaining step towards the merger is getting the approval of MetroPCS shareholders. The shareholders will vote on April 12 this year. The board of MetroPCS recommends that all stockholders vote "FOR" all the proposals related to the planned merger.

We wonder if T-Mobile's planned March 26 event will give us any hint with regards to what we should expect from the resulting carrier after the fusion.

source: MetroPCS

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13 Comments

1. Note2waitingonNote3

Posts: 87; Member since: Mar 19, 2013

Future board of directors have already been selected by all involved parties. This deal is done and believe in this Tmobile/Metro has shaken up the telecommunications industry.

posted on Mar 21, 2013, 8:04 AM 2

2. gmracer1

Posts: 646; Member since: Dec 28, 2012

Ah yes...two bags of sh*t combined to make one huge bag of sh*t.

posted on Mar 21, 2013, 8:19 AM 2

3. CfullerTX

Posts: 19; Member since: Aug 06, 2012

I couldn't agree more.

posted on Mar 21, 2013, 9:22 AM 1

4. cdgoin

Posts: 614; Member since: Jul 28, 2010

No that would have been what happened if the ATT & Tmo merger had occured.

posted on Mar 21, 2013, 9:47 AM 5

5. torr310

Posts: 1677; Member since: Oct 27, 2011

Bring on better coverage and cheaper rate plans!

posted on Mar 21, 2013, 11:25 AM 2

6. Jyakotu

Posts: 867; Member since: Dec 12, 2008

I'm guessing T-Mobile is merging with MetroPCS for their limited 4G LTE coverage and to build on from that.

posted on Mar 21, 2013, 11:34 AM 2

11. archangel9

Posts: 233; Member since: Feb 07, 2010

Exactly. Now Metro will have a larger footprint via TMo's network and Magenta will have the LTE spectrum pipeline: LTE/HSPA+42/3G..BTW Jyakotu I just got my 4.1.2 update on my GNote 2 and it activated the LTE radio.It's on in Miami !!

posted on Mar 22, 2013, 2:18 AM 0

7. MartianMe unregistered

How come there's a lot of people been so negative about this deal? can't you guys see what they're trying to do ...is to improve their service...that is always good... right?

posted on Mar 21, 2013, 3:11 PM 2

8. jfuente11

Posts: 38; Member since: Nov 06, 2012

Yes, it will be good for the customers since the competion will be tight but not for the other carriers. With the new T-Mobile/Metro PCS, I am sure they wil come up with a better deal for the customers and competitors has to think some offers that can match what T-Mobile will offer.

posted on Mar 21, 2013, 4:07 PM 0

9. scsa852k

Posts: 331; Member since: Oct 16, 2012

The merger could scare AT&T and Sprint. Verizon won't flinch.

posted on Mar 21, 2013, 5:37 PM 2

10. jcarrigan unregistered

Hindsight is only 20/20, NOW i wish the att and tmobile thing qwould have gone through so verizon would hacve to pay attnetion and maintian better relations with OEMS and its customers.

posted on Mar 21, 2013, 6:43 PM 1

12. archangel9

They will .In 2015-16 CDMA will no longer exist in N.America

posted on Mar 22, 2013, 2:19 AM 1

13. jcarrigan unregistered

yikes, i apologize for my spelling errors haha :) Hmm gsm service doesnt work in my area so in 2015-2016 The 110,000 people that live in my area are screwed on cell phones. :,(