Sunday, October 14, 2012

Deutsche Telekom: T-Mobile / MetroPCS merger to be completed by June 2013

Deutsche Telekom MetroPCS merger to be completed by June 2013

Just precisely how the T-Mobile / MetroPCS merger will pan out still seems yet to be decided. What is clear, however, is that majority share-holder, Deutsche Telekom, hope to have the deal done and dusted between April and June next year. CFO for the German giant, Timotheus Hoettges, told Boersenzeitung that we'll have to wait until the second quarter of 2013 before one of the parties will have to start ordering new stationary and corporate polo shirts. In the meantime he was keen to point out that not all current financial arrangements should feel ause for concern, noting shareholders wouldn't have their remuneration policy affected by the merger, thanks to the spiffy financial year it's had.

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Deutsche Telekom: T-Mobile / MetroPCS merger to be completed by June 2013 originally appeared on Engadget on Sat, 13 Oct 2012 14:28:00 EDT. Please see our terms for use of feeds.

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