FCC Approves T-Mobile, MetroPCS Deal
The Federal Communications Commission has approved the proposed merger of MetroPCS Communications and T-Mobile USA, according to the companies.
The approval clears the way for a vote of MetroPCS shareholders in April to approve the deal, which has been recommended by the company’s board. T-Mobile USA is a wholly owned subsidiary of Deutsche Telecom.
“Our combined company will have the products, spectrum, scale and resources to shake up this industry and deliver an entirely new wireless experience,” said John Legere, President and CEO of T-Mobile, in a statement.