The T-Mobile and MetroPCS merger has been officially cleared and given the “go ahead” for a May 1 finalization. After MetroPCS stockholders approved the acquisition earlier in the week, T-Mobile‘s parent company, Deutsche Telekom, reported that the consolidation will take effect on May 1, 2013.
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“The merger adds valuable tailwind to our Uncarrier Strategy in the USA…Together with MetroPCS, we will make considerable improvements to our competitive position with our combined state-of-the-art network, more powerful sales model and top devices.” – Timotheus Höttges, CFO of Deutsche Telekom and Chairman of the newly-formed company. “