Saturday, October 20, 2012
Wednesday, October 3, 2012
T-Mobile Merges with Metro PCS
Its official that the parent company of T-Mobile says it is merging its cell phone business with MetroPCS.
Deutsche Telekom says its board of directors and the supervisory board have approved the merger Wednesday. It says the board of MetroPCS has also accepted the deal.
It says Deutsche Telekom will hold 74 percent of the new business. MetroPCS's shareholders will have the remaining stake and receive a payment of about $1.5 billion.
information from USA Today
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