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Tagged: Metro PCS

T-Mobile, MetroPCS merger officially completed, brings T-Mobile US

0
  • By Robert Nelson
  • on 1 May, 2013
T-Mobile, MetroPCS merger officially completed, brings T-Mobile US
Talk of MetroPCS merging with T-Mobile began as rumor back in October 2012 and was quickly confirmed. At the time of the confirmation, the merger was expected to be wrapped up and completed sometime in the early part of 2013. Well, sitting on May 1, 2013 we now have word of the merger being fully completed. As a result, we now have T-Mobile US, which will be trading as TMUS.
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MetroPCS Q1 2013 earnings posted ahead of merger closing

0
  • By Robert Nelson
  • on 25 Apr, 2013
MetroPCS Q1 2013 earnings posted ahead of merger closing
The MetroPCS and T-Mobile merger received the final approval yesterday. Following that news, we now have the MetroPCS Q1 2013 earnings report. In addition to the expected financials, this report also touches a bit on the merger. In the report there is mention of how they plan to have the merger completed by April 30, 2013. Of course, Deutsche Telekom had said that much yesterday.
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T-Mobile, MetroPCS merger detailed by Deutsche Telekom

0
  • By Robert Nelson
  • on 24 Apr, 2013
T-Mobile, MetroPCS merger detailed by Deutsche Telekom
Earlier in the day we received word about the shareholders approving the merger between T-Mobile and MetroPCS, however coming as a bit of an update, Deutsche Telekom has offered up some additional details. Just to begin with, a company spokesperson is calling this a "major step for Deutsche Telekom."
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T-Mobile, MetroPCS merger receives shareholder approval

0
  • By Robert Nelson
  • on 24 Apr, 2013
T-Mobile, MetroPCS merger receives shareholder approval
Having received the approval from the board of directors earlier in the month, the T-Mobile and MetroPCS merger was left needing only the approval from the shareholders. The original shareholder meeting was delayed, which resulted in a push back to April 24. Anyway, the shareholder meeting has taken place as expected and it looks like the merger has been approved.
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T-Mobile, MetroPCS merger receives unanimous board of directors approval

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  • By Robert Nelson
  • on 16 Apr, 2013
T-Mobile, MetroPCS merger receives unanimous board of directors approval
The merger still needs the official nod from the stockholders, however the MetroPCS board of directors has given their approval. The details come by way of a recently issued MetroPCS press release which states that the "board unanimously recommends that MetroPCS stockholders vote their shares "FOR" all proposals relating to the proposed combination with T-Mobile." Basically, the MetroPCS and T-Mobile merger continues to move forward.
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Deutsche Telekom “Best and Final” MetroPCS merger bid detailed

0
  • By Robert Nelson
  • on 11 Apr, 2013
Deutsche Telekom “Best and Final” MetroPCS merger bid detailed
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."
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MetroPCS, T-Mobile merger meeting delayed until April 24

0
  • By Robert Nelson
  • on 11 Apr, 2013
MetroPCS, T-Mobile merger meeting delayed until April 24
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.
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Deutsche Telekom considering improved bid to save MetroPCS merger

0
  • By Robert Nelson
  • on 10 Apr, 2013
Deutsche Telekom considering improved bid to save MetroPCS merger
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.
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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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