Sorry, AT&T (T) — it seems that the Federal Communications Commission is willing to let T-Mobile merge with another company after all, as long as it doesn’t involve you. Bloomberg reports on its Twitter account that the FCC has approved the proposed merger between T-Mobile and MetroPCS (PCS), which still has to be approved by MetroPCS shareholders to become official. This last step could be particularly tricky, however, since some shareholders last year filed a lawsuit to block the merger while accusing the companies of “cheating shareholders” by “drastically” undervaluing MetroPCS’ worth.
FCC approves T-Mobile/MetroPCS merger
Published Mar 12th, 2013 1:49PM 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.
