T-Mobile announced that it will acquire rival carrier MetroPCS to create a larger company. The deal is expected to close in the first half of 2013, following shareholder and regulatory approvals. Until then, T-Mobile and MetroPCS will continue to operate as separate companies. When the deal is closed, T-Mobile will be a separate customer unit of the combined company. Earlier this year, when rumors were circulating that T-Mobile and MetroPCS were in talks over a merger, there was speculation that it might take the form of a stock swap or perhaps an IPO.
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MetroPCS Deal Could Change the Game for T-Mobile
Posted by: Erika Morphy October 3, 2012 12:45 PMT-Mobile announced that it will acquire rival carrier MetroPCS to create a larger company. The deal is expected to close in the first half of 2013, following shareholder and regulatory approvals. Until then, T-Mobile and MetroPCS will continue to operate as separate companies. When the deal is closed, T-Mobile will be a separate customer unit of the combined company. Earlier this year, when rumors were circulating that T-Mobile and MetroPCS were in talks over a merger, there was speculation that it might take the form of a stock swap or perhaps an IPO.