S in terms of subscribers, but it would allow for T-Mobile to improve its footprint on the market. Cellular for T-Mobile to potentially acquire. I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
If they do get bought out, expect a nice premium and returns of over 30 percent for investors. Disagree with this article? Follow Benjamin Goldman and get email alerts Your feedback matters to us! You agree to access the Contents and the Site manually, by request, and not automatically, through the use of a program, or other means.
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Your continued use of the Site shall constitute acceptance of such modification. In this article, I analyze this potential merger and provide some insight about how to invest.
I believe that MetroPCS and Leap Wireless each have about a 50 percent chance of being acquired or merging in the next 18 months. These terms and conditions shall be governed by the law of New York, without regard to principals of conflicts or choice of laws.
You may use the Site and the Contents for lawful purposes only. In the end, these talks are just a seemingly desperate attempt for T-Mobile USA to add more subscribers and utilize economies of scale. There are now 9 mobile networks in the United States with more than 5 million subscribers and number 10 has fewer than 1 million subscribers.
To report a factual error in this article, click here. The merge between the fourth largest U.The investor relations site ("Site") with which this document is associated is maintained by S&P Global Market Intelligence ("S&P") on behalf of. May 10, · Bloomberg is reporting that Deutsche Telekom is in talks to merge T-Mobile USA with MetroPCS, a little more than four months after failing to sell the unit to AT&T.
Sources close to the matter tell. Apr 24, · Deutsche Telekom AG got a chance to stage a comeback in the U.S.
after MetroPCS Communications Inc. shareholders approved a sweetened deal to merge with the German company’s T-Mobile USA unit. Apr 24, Metro PCS shareholders approve agreement.
At a special meeting in Richardson, Texas, the stockholders of MetroPCS approved the agreement with Deutsche Telekom to combine T-Mobile USA with their company. Deutsche Telekom and flat-rate player MetroPCS (NYSE:PCS) agreed to merge DT's T-Mobile USA operations with MetroPCS.
The action represents the second blockbuster attempt by DT to alter its U.S. Oct 03, · “The T-Mobile and MetroPCS brands are a great strategic fit – both operationally and culturally,” René Obermann, the chief executive of Deutsche Telekom, said in a statement.Download