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Deutsche Telekom Secures U.S. Position With MetroPCS Deal

Deutsche Telekom AG got a chance to stage a comeback in the U.S. after MetroPCS Communications Inc. shareholders approved a sweetened deal to merge with the German company’s T-Mobile USA unit.

Combining the fourth- and fifth-biggest U.S. wireless companies creates a carrier with more than 40 million customers and gives T-Mobile airwave licenses needed to offer fast services to rival AT&T Inc. and Verizon Wireless. The companies plan to close the deal May 1.