There are no active ads.


Deutsche Telekom Preparing to Acquire MetroPCS and Merge it with T-Mobile, Says Report

by Brandon Russell | May 9, 2012May 9, 2012 1:15 pm PST

MetroPCS T-MobileAfter failing to join forces with AT&T, T-Mobile’s parent company, Deutsche Telekom AG, is reportedly mulling over the possible acquisition of MetroPCS to help recoup lost customers here in the U.S. Sources close to discussions said the deal will involve a stock-swap transaction in return for full control over the combined entity. Other options, according to Bloomberg, include an IPO or an outright sale of T-Mobile USA. T-Mobile has struggled to compete against the larger of the Big Four carriers, citing lack of customer retention on its failure to offer Apple’s iPhone. One analyst suggested a merger isn’t the carrier’s first choice, but T-Mobile “doesn’t really have a choice.” The analyst added, “It would be easier to be part of something larger.” What? You mean having the nation’s largest faux-G network isn’t enough?

[via Bloomberg]

Brandon Russell

Brandon Russell enjoys writing about technology and entertainment. When he's not watching Back to the Future, you can find him on a hike or watching...