T-Mobile CEO John Legere has shown he can trash-talk, but he may soon have to show that he can sweet-talk as well. Per Bloomberg, New Street Research analyst Jonathan Chaplin says that T-Mobile and MetroPCS (PCS) right now “don’t have enough votes” among MetroPCS shareholders to get their proposed merger approved. The merger’s prospects are apparently so bad right now that Chaplin says T-Mobile parent company Deutsche Telekom “would be crazy to let it go to a vote” and that it will have to “sweeten” its offer if it hopes to win shareholder approval. MetroPCS shareholders are scheduled to vote on the proposed merger at a special meeting on April 12th.
MetroPCS merger said to be in trouble unless T-Mobile ‘sweetens’ deal
Published Apr 2nd, 2013 8:55PM EDT
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Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.
