Tagged #merger

Sep 03 AT 9:16 AM Jess Blanchard 5 Comments

Microsoft to purchase Nokia’s devices and services arms

While you were sleeping, Microsoft was making big moves. Perhaps spurred by the seeming success of the Moto X, Microsoft has announced it aims to acquire Nokia, the largest producer of Windows Phone devices. Microsoft is set to shell out $4.99 billion (3.79 billion euros) for the company and $2.18 billion (1.65 billion euros) for ... Read More »

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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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May 24 AT 8:59 AM Anthony Domanico 30 Comments

Deutsche Telekom: No takeovers, but merger still on the table for T-Mobile USA

While addressing shareholders at the company’s annual meeting in Cologne, Germany, Deutsche Telekom CEO Rene Obermann told investors that a complete takeover of T-Mobile USA was out of the question after AT&T’s very public failed bid last year. Obermann did tell investors that it was considering all other options, including a potential merger ... Read More »

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