US DoJ Gives T-Mobile/MetroPCS Merger The Green Light
Early last year there were talks that T-Mobile and MetroPCS could be merged together. This was confirmed by T-Mobile’s CEO who revealed that they expected the deal to be complete by June 2013 and it looks like that will indeed be the case. The merger between T-Mobile and MetroPCS has been given the green light by the US Department of Justice in the form of the 30-day waiting period expiring without any objections being made. Of course there are other regulatory bodies that will need to give the go ahead because if you recall, the FBI wanted to take a closer look at the merger as well, and there still needs to be the approval of the FCC and the Committee of Foreign Investment. However assuming that these bodies give the merger the thumbs up, we don’t see why the T-Mobile and MetroPCS deal won’t be able to meet its June 2013 date.
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