Deutsche Telekom’s latest bid to merge its daughter company T-Mobile with MetroPCS has dealt a blow on Sprint Nextel’s value. The third largest wireless carrier in the US walked away from a possible acquisition of MetroPCS in February this year. However, still analysts expect a bid from Sprint on MetroPCS. The two companies, T-Mobile and […]
Oct 5 2012 | Posted in
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T-Mobile USA and MetroPCS have struck a deal on a merger under the supervision of T-Mobile’s parent company Deutsche Telekom. The European telecommunications giant will own majority of the stake in the merged business. The deal was announced on Tuesday. Deutsche Telekom will grab 74 percent stake in the merger while MetroPCS Communications owners will […]
Oct 4 2012 | Posted in
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Mergers and Acquisitions are a real burden to smaller companies these days as the government blocks any of such efforts made or the economy does not allow the companies to strike a deal with each other. Consolidation in wireless firms is in talks these days and the latest development in the relations between T-Mobile USA […]
Oct 3 2012 | Posted in
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