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Tagged: Merger

T-Mobile cuts several hundred Bellevue HQ employees

0
  • By Robert Nelson
  • on 29 Mar, 2013
T-Mobile cuts several hundred Bellevue HQ employees
It still looks like the T-Mobile and MetroPCS merger is on track for approval from all necessary parties, however it seems as if one of the nastier side effects has also happened. The layoffs. While this is not necessarily the best of news, it is coming as expected. T-Mobile actually confirmed earlier in the month that the layoffs would be happening. So far these layoffs have been from the Bellevue headquarters.
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ISS suggests MetroPCS shareholders vote against T-Mobile merger

0
  • By Robert Nelson
  • on 28 Mar, 2013
ISS suggests MetroPCS shareholders vote against T-Mobile merger
Things seemed to be going rather well in terms of the T-Mobile and MetroPCS merger. This all began as rumor back in October of last year and as of today we have seen approval after approval. In fact, the merger has been granted approval from the Department of Justice, the FCC and the Committee on Foreign Investment. Basically, that means they have received all the necessary regulatory approvals.
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T-Mobile, MetroPCS regulatory approvals now complete

0
  • By Robert Nelson
  • on 21 Mar, 2013
T-Mobile, MetroPCS regulatory approvals now complete
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.
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T-Mobile, MetroPCS merger gains FCC approval

2
  • By Robert Nelson
  • on 12 Mar, 2013
T-Mobile, MetroPCS merger gains FCC approval
The Federal Communications Commission (FCC) has approved the merger between T-Mobile and MetroPCS. This news comes in follow-up to the thumbs up that we recently saw coming from the Department of Justice (DOJ) and ahead of the shareholder vote. MetroPCS has a shareholder meeting schooled for April 12 and have already pushed for approval noting that if the stockholders were to vote against, they could make “no assurance that MetroPCS will be able to deliver the same or better stockholder value.”
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T-Mobile layoffs expected ahead of MetroPCS merger

0
  • By Robert Nelson
  • on 7 Mar, 2013
T-Mobile layoffs expected ahead of MetroPCS merger
News of the T-Mobile and MetroPCS acquisition first came to light back in October and it was just yesterday when we learned the Department of Justice had given their approval. There is more to the approval process though. We still need word from the Federal Communications Commision (FCC) and Committee on Foreign Investment. Putting that aside for a moment -- we now have word of potential layoffs.
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T-Mobile, MetroPCS merger gets a Department of Justice thumbs up

0
  • By Robert Nelson
  • on 6 Mar, 2013
T-Mobile, MetroPCS merger gets a Department of Justice thumbs up
We learned that T-Mobile and MetroPCS were planning to join forces back in October 2012. Of course, planning to join forces and actually being able to do so are two different things. You know, with all those government approvals and such. Well, as of today that process is one step closer to becoming a reality as they have received approval from the Department of Justice (DOJ).
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T-Mobile and MetroPCS set to combine in the first half of 2013

0
  • By Dave LeClair
  • on 3 Oct, 2012
T-Mobile and MetroPCS set to combine in the first half of 2013
T-Mobile and MetroPCS will be joining forces. The two mobile providers today announced their intent to become one. The merger will see both companies keep the T-Mobile name going forward. The transaction was unanimously approved by MetroPCS and T-Mobile's board members.
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T-Mobile plans to buyout MetroPCS according to reports

3
  • By Cory Gunther
  • on 2 Oct, 2012
T-Mobile plans to buyout MetroPCS according to reports
The parent company of T-Mobile USA, Deutsche Telekom, have confirmed that they are indeed looking to buyout and merge MetroPCS with T-Mobile here in the USA. Earlier we heard a few rumors of a possible buyout, but it has now been confirmed that the two companies are engaged in talks regarding a potential acquisition and merger.
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AT&T blames FCC for T-Mobile layoffs

5
  • By Cory Gunther
  • on 23 Mar, 2012
AT&T blames FCC for T-Mobile layoffs
Out from the camps at AT&T are a few red hot comments regarding the recent T-Mobile layoffs. In case you missed the news T-Mobile will be closing 7 call centers and over 3,000 employee's will be out of a job. Today AT&T has made a few comments on the matter basically blaming the government and the FCC for the layoffs. More details after the break.
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Google’s Motorola acquisition suffers investigation setbacks in China

4
  • By Cory Gunther
  • on 20 Mar, 2012
Google’s Motorola acquisition suffers investigation setbacks in China
During the month of February the Google Motorola deal was looking quite promising. The European Union and the US both signed off on the acquisition and gave Google the green light. The only hurdle remains in China and it appears they are having a bit of trouble. Now we are hearing China is continuing another investigation before giving them the okay.
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