We knew Deutsche Telekom was planning to submit a new bid dealing with the MetroPCS and T-Mobile merger and it looks like that has not only been done, but also detailed. This will not change the earlier bit about the MetroPCS shareholder meeting having been pushed back to later in April, however we now know what this new bid includes. Coming by way of Deutsche Telekom, here are the details of what they are describing as the "best and final offer."

Yesterday brought news that Deutsche Telekom was considering a improved bid to help save the MetroPCS and T-Mobile merger and today has word of a delay. The delay is not on the part of Deutsche Telekom, but instead as a result of MetroPCS delaying the special stockholder meeting. That meeting was originally scheduled to take place on April 12, but has been bumped to later in the month.

For the most part, things seem to be lining up rather nicely for the proposed merger of T-Mobile and MetroPCS. We have already seen all the necessary regulatory approvals which means that the Department of Justice, FCC and the Committee on Foreign Investment have all given the thumbs up. In fact, aside from a statement from Institutional Shareholder Services (ISS), we have seen very little in terms of opposition.

T-Mobile and MetroPCS received the FCC approval back on March 12 which meant that the necessary approvals for a merger were almost complete. Basically, once the FCC offered their approval we still needed word from the Committee on Foreign Investment. Well, approval from the Committee on Foreign Investment as well as the MetroPCS stockholders. As of today however, MetroPCS has offered a bit of a status update.