Deals
Merging T-Mobile With MetroPCS Wins Approval From U.S.
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Deutsche Telekom AG’s proposal to combine its T-Mobile USA unit with smaller MetroPCS Communications Inc. won approval from U.S. competition and telecommunications authorities.
Allowing the fourth- and fifth-largest U.S. wireless carriers to combine will benefit American consumers as the mobile market continues to strengthen, Federal Communications Commission Chairman Julius Genachowski said in an e-mailed statement yesterday. Benefits include more high-speed wireless service, the agency said in an order.