The U.S. Department of Justice is requesting more information from MetroPCS to help it decide whether it’ll approve its merger with T-Mobile. It’s not known what more information is needed from the government entity, but MetroPCS intends to fully comply with all request to close the deal. This new request from the DOJ will likely postpone the 30-day window for approval of the merger.
The joint company would have about 42.5 million subscribers, which is nothing compared to the combined 200 million from both Verizon and AT&T. So we see no reason the government won’t give the thumbs up on this deal, as it makes a much stronger fourth largest carrier in the United States.
[MetroPCS Investor Relations; via Android Central]