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MetroPCS Shareholders Approve T-Mobile Deal

Apr 24, 2013, 8:56 AM by Eric M. Zeman
updated Apr 24, 2013, 11:26 AM

MetroPCS shareholders today have voted in favor of merging with T-Mobile USA, reports Bloomberg. Deutsche Telekom (T-Mobile's parent company) improved the terms of the deal for MetroPCS earlier this month, and MetroPCS' board has already approved it. The deal also has full U.S. regulatory approval. Now that the shareholders have voted in favor of the deal, T-Mobile USA and MetroPCS can finalize their merger. Deutsche Telekom said it expects the deal to close by May 1. "This is a major step for Deutsche Telekom," said Rene Obermann, CEO of Deutsche Telekom. "The merger with MetroPCS is extremely important, since it enables us to be more aggressive in the USA."

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Jayshmay

Apr 24, 2013, 9:45 AM

Spectrum. . .

Both these companies share the same spectrum, right?
1700mhz AWS?

Next 2-3yrs will be very interesting for T-Mobile.
I hope they thrive, and by 2015 move into 3rd place among
the wireless carriers.

Tofuchong

I'm pretty sure you're correct about the 1700mhz AWS spectrum being common to the two carriers.

And yes, I hope you're right about them moving into 3rd, and pushing out Sprint to where they belong, 4th or 5th even. I'm not talking carrier size, I...
(continues)

...

PhoneMaster

Yes, both companies use the 1900 PCS and 1700 AWS bands so their spectrum holdings complement each other very nicely.

...

Fredd

Spectrum may be similar, but technology is significantly different. TMO is 3G, Metro PCS is CDMA. There will be significant device incompatibility for a while, with a conversion project on the horizon!

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