T-Mobile USA Merger With MetroPCS Clears Last Regulatory Hurdle
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Deutsche Telekom AG’s plan to merge its U.S. unit T-Mobile USA with MetroPCS Communications Inc. cleared the last regulatory hurdle, leaving the decision to MetroPCS shareholders next month.
The Committee on Foreign Investment in the United States approved the deal, Bonn-based Deutsche Telekom said in an e-mailed statement today. The merger of the nation’s fourth- and fifth-largest wireless carriers was cleared by the Federal Communications Commission and the Department of Justice last week.