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DOJ Hits MetroPCS for More Details Regarding T-Mobile Deal

Article Comments  3  

Nov 19, 2012, 6:04 PM   by Eric M. Zeman   @phonescooper

MetroPCS today announced that the U.S. Department of Justice has filed an official request for more information from the prepaid carrier concerning its pending merger with T-Mobile USA. According to MetroPCS, it will comply with the order and turn over whatever documents the government requests. It said the net effect of the request will be to extend the regulatory review period by about 30 days, as long as all parties (MetroPCS, T-Mobile USA, and Deutsche Telekom) comply with the order and submit the necessary documentation. MetroPCS noted that the deal still needs to meet shareholder approval, but it expects that shareholders and the government will greenlight the transaction so that it might close by the middle of 2013.

more info at MetroPCS »

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Comments

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This forum is closed.

htij143

Nov 19, 2012, 9:37 PM

The Government needs to back off.

I think the us Government needs to back off companies and let them make money, carriers like T-mobile are forced to use MVNO's to make more revenue, like this one: www.solavei.com/htij143.

If we had a real free market this "crisis" would not be.
lol, right because the reason T-Mobile has not done well isn't because of the quality of service it offers, decisions it made, and the government should not look into deals that provide less competition.

You do know T-Mobile, and Metro PCS use dif...
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