Deutsche Telekom Aiming To Close MetroPCS Deal By Q2 2013
Deutsche Telekom is planning to complete their merger of T-Mobile with MetroPCS between April and June 2013 according to CFO Timotheus Hoettges. “The transaction is not likely be carried out until the second quarter of 2013,” stated Hoettges told in an interview with German newspaper Boersenzeitung.
Deutsche Telekom announced the MetroPCS deal on October 3rd. MetroPCS will purchase T-Mobile USA as part of a reverse merger. T-Mobile is the fourth largest mobile carrier in the United States.
[Reuters]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry