T-Mobile, Metro PCS merger approved
As expected, the FCC last week approved the consolidation of T-Mobile USA, Inc. and MetroPCS Communications, Inc. The merger could make T-Mobile and MetroPCS stronger competitors in the wireless market and allow them to bolster service as lower-cost alternatives for smaller enterprises.
As IDG noted, the transaction was approved at the bureau level by the FCC rather than by the five commissioners themselves, as some parties, including the Communications Workers of America, had urged. CWA had expressed concern that the transaction could lead to job losses at the combined company and had urged the commission to impose job-related conditions on the deal. But the FCC declined to impose any such conditions.
"We find that the record suggests that the proposed transaction would enhance the competitiveness of the combined provider, as the fourth largest nationwide service provider by allowing it to strengthen its network and expand its product line, thereby enabling increased employment and bolstering the long-term viability of the combined provider," the March 12 FCC order reads.
- see article at InfoWorld