Wednesday, October 3, 2012

T-Mo & MetroPCS to walk down the isle?

Here is a merger that could make sense for its partners, customers, and US competition.  Apparently, MetroPCS has approved a merger with its current rival, T-Mobile USA.  Both of these companies had been looking to merge with others of late (MetroPCS with Leap Wireless, Sprint; T-Mo with AT&T Wireless).  These had failed for various reasons, but one thing is for sure: neither company feels it can succeed without the boost a merger would bring.  

Although MetroPCS has approved the merger, they have warned: "There can be no assurances that any transaction will result from these discussions, and the company does not intend to comment further unless and until an agreement is reached."

Reuters:MetroPCS approves merger with T-Mobile USA: report

Rethink Wireless: MetroPCS and T-Mobile USA Close to a Merger

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