FCC, DOJ back T-Mobile's MetroPCS merger

03/12/2013 | Bloomberg · Wall Street Journal, The

T-Mobile USA's merger with MetroPCS took a leap forward Tuesday with its approval from the Federal Communications Commission and the Department of Justice. Both agencies said the deal could increase competition in the mobile phone industry. MetroPCS shareholders still need to sign off on the merger in an April 12 vote, with two institutional investors in opposition arguing for better deal terms.

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Bloomberg · Wall Street Journal, The

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