Tagged #John Legere

Apr 24 AT 10:34 AM Taylor Wimberly 18 Comments

MetroPCS shareholders approve merger with T-Mobile

Today MetroPCS shareholders approved the merger with T-Mobile USA, after Deutsche Telekom had sweetened their offer last week. The proposed deal gives Deutsche Telekom a 74 percent stake in the merged entity and MetroPCS shareholders a $1.5 billion cash payment. Once the transaction is complete, T-Mobile will gain 9 million subscribers, boosting their total customer base ... Read More »

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Oct 03 AT 8:30 AM Taylor Wimberly 60 Comments

MetroPCS approves reverse merger with T-Mobile, combined company to be called T-Mobile

Today the boards of Deutsche Telekom and MetroPCS approved a merger with T-Mobile, but there was an interesting twist to the deal. The deal will be structured as a reverse merger, meaning the smaller MetroPCS “will swallow its larger rival” T-Mobile, but the combined company will keep the T-Mobile brand.

T-Mobile’s parent company Deutsche Telekom will ... Read More »

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