MetroPCS Receives Request for Additional Information from DOJ Regarding Proposed Combination with T-Mobile

   MetroPCS Receives Request for Additional Information from DOJ Regarding
                      Proposed Combination with T-Mobile

PR Newswire

DALLAS, Nov. 19, 2012

DALLAS, Nov. 19, 2012 /PRNewswire/ -- MetroPCS Communications, Inc. (NYSE:
PCS; "MetroPCS") today announced that, on November 19, 2012, MetroPCS received
a request for additional information (the "Second Request") from the U.S.
Department of Justice (the "DOJ") in connection with MetroPCS' proposed
transaction with T-Mobile USA, Inc. ("T-Mobile") pursuant to the business
combination agreement, dated October 3, 2012, by and among Deutsche Telekom
AG, an Aktiengesellschaft organized in Germany ("Deutsche Telekom"), T-Mobile
Global Zwischenholding GmbH, a Gesellschaft mit beschrankter Haftung organized
in Germany and a direct wholly-owned subsidiary of Deutsche Telekom
("Global"), T-Mobile Global Holding GmbH, a Gesellschaft mit beschrankter
Haftung organized in Germany and a direct wholly-owned subsidiary of Global
("Holding"), T-Mobile, a Delaware corporation and direct wholly-owned
subsidiary of Holding, and MetroPCS. The Second Request was issued pursuant
to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR
Act").

(Logo: http://photos.prnewswire.com/prnh/20121029/MM02011LOGO)

The effect of the Second Request is to extend the waiting period imposed by
the HSR Act until 30 days after MetroPCS and T-Mobile have substantially
complied with the Second Request, unless that period is extended voluntarily
by the parties or terminated sooner by the DOJ.

MetroPCS intends to cooperate fully with the DOJ to obtain approval of the
transaction as soon as possible and remains confident that the DOJ will find
that the transaction is both pro-competitive and pro-consumer. Completion of
the transaction is subject to MetroPCS shareholder approval, regulatory
approvals and other customary closing conditions. MetroPCS continues to
expect the transaction will close in the first half of 2013.

About MetroPCS Communications, Inc.

Dallas-basedMetroPCS Communications, Inc.(NYSE: PCS) is a provider of no
annual contract, unlimited wireless communications service for a flat
rate.MetroPCS is the fifth largest facilities-based wireless carrier inthe
United Statesbased on number of subscribers served. WithMetro USA(SM),
MetroPCS customers can use their service in areas throughoutthe United
Statescovering a population of over 280 million people. As ofSeptember 30,
2012,MetroPCShad approximately 9.0 million subscribers. For more information
please visitwww.MetroPCS.com.

Additional Information and Where to Find It

This document relates to a proposed transaction between MetroPCS and Deutsche
Telekom. In connection with the proposed transaction, MetroPCS filed with the
Securities and Exchange Commission (the "SEC") a preliminary proxy statement
on November 16, 2012. The preliminary proxy statement is not final and will
be superseded by a definitive proxy statement to be filed by MetroPCS with the
SEC. Investors and security holders are urged to read carefully the
preliminary proxy statement and the definitive proxy statement and all other
relevant documents filed with the SEC or sent to stockholders as they become
available because they will contain important information about the proposed
transaction. All documents, when filed, will be available free of charge at
the SEC's website (www.sec.gov). You may also obtain these documents by
contacting MetroPCS' Investor Relations department at 214-570-4641, or via
e-mail at investor_relations@metropcs.com. The definitive proxy statement
will be mailed to MetroPCS' stockholders. This communication does not
constitute a solicitation of any vote or approval.

Participants in the Solicitation

MetroPCS and its directors and executive officers will be deemed to be
participants in any solicitation of proxies in connection with the proposed
transaction. Information about MetroPCS' directors and executive officers is
available in MetroPCS' proxy statement, dated April 16, 2012, for its 2012
Annual Meeting of Stockholders. Other information regarding the participants
in the proxy solicitation and a description of their direct and indirect
interests, by security holdings or otherwise, is contained in the preliminary
proxy statement and will be contained in the definitive proxy statement and
other relevant materials to be filed with the SEC regarding the proposed
transaction when they become available. Investors should read the definitive
proxy statement carefully when it becomes available before making any voting
or investment decisions.

Cautionary Statement Regarding Forward-Looking Statements

This document includes "forward-looking statements" for the purpose of the
"safe harbor" provisions within the meaning of the Private Securities
Litigation Reform Act of 1995, as amended. Any statements made in this
document that are not statements of historical fact, including statements
about when the parties expect that the proposed transaction will close,
whether the DOJ will approve the transaction, MetroPCS' timeframe for
compliance the Second Request, and statements about our beliefs, opinions,
projections, and expectations, are forward-looking statements and should be
evaluated as such. These forward-looking statements often include words such
as "anticipate," "expect," "suggests," "plan," "believe," "intend,"
"estimates," "targets," "views," "projects," "should," "would," "could,"
"may," "become," "forecast," and other similar expressions.

All forward-looking statements involve significant risks and uncertainties
that could cause actual results to differ materially from those in the
forward-looking statements, many of which are generally outside the control of
MetroPCS, Deutsche Telekom and T-Mobile and are difficult to predict. Examples
of such risks and uncertainties include, but are not limited to, the
possibility that the proposed transaction is delayed or does not close,
including due to the failure to receive the required stockholder approvals or
required regulatory approvals, the taking of governmental action (including
the passage of legislation) to block the transaction, the failure to satisfy
other closing conditions, the possibility that the expected synergies will not
be realized, or will not be realized within the expected time period, the
significant capital commitments of MetroPCS and T-Mobile, global economic
conditions, fluctuations in exchange rates, competitive actions taken by other
companies, natural disasters, difficulties in integrating the two companies,
disruption from the transaction making it more difficult to maintain business
and operational relationships, actions taken or conditions imposed by
governmental or other regulatory authorities and the exposure to litigation.
Additional factors that could cause results to differ materially from those
described in the forward-looking statements can be found in MetroPCS' 2011
Annual Report on Form 10-K, filed February 29, 2012, and Quarterly Report on
Form 10-Q for the quarter ended September 30, 2012, filed October 30, 2012,
and other filings with the SEC available at the SEC's website (www.sec.gov).

The forward-looking statements speak only as to the date made, are based on
current assumptions and expectations, and are subject to the factors above,
among others, and involve risks, uncertainties and assumptions, many of which
are beyond our ability to control or ability to predict. You should not place
undue reliance on these forward-looking statements. MetroPCS, Deutsche Telekom
and T-Mobile do not undertake a duty to update any forward-looking statement
to reflect events after the date of this document, except as required by law.

No Offer or Solicitation

This press release is not intended to and does not constitute an offer to sell
or the solicitation of an offer to subscribe for or buy or an invitation to
purchase or subscribe for any securities or the solicitation of any vote or
approval in any jurisdiction pursuant to the acquisition or otherwise, nor
shall there be any sale, issuance or transfer of securities in any
jurisdiction in contravention of applicable law.

SOURCE MetroPCS Communications, Inc.

Website: http://www.metropcs.com
Contact: Keith Terreri, Vice President - Finance & Treasurer, +1-214-570-4641,
or Jim Mathias, Director - Investor Relations, +1-214-570-4641,
investor_relations@metropcs.com
 
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