Tag Archives: fcc

T-Mobile, MetroPCS Combination Receives Final Regulatory Approval

metropcs

The T-Mobile, MetroPCS merger combination reverse-takeover has cleared its finally regulatory hurdle and now lands in the hands of MetroPCS shareholders. The last piece of regulatory blessing came from the Committee on Foreign Investment in the United States indicating there are no unresolved security concerns. On March 20, 2013, the Committee on Foreign Investment in the United States advised Deutsche Telekom and MetroPCS that it has determined that there are no unresolved … [read full article]

T-Mobile Issues Press Release Regarding FCC Approval Of MetroPCS Combination

Metro_Carly

With FCC approval now behind them, T-Mobile’s issued a new statement providing a current update on the proposed combination with MetroPCS.  As the statement highlights, all that remains is a special meeting for MetroPCS shareholders to vote on the proposed combination. The upcoming vote on April 12th remains the last obstacle toward creating a “value leader in the United … [read full article]

FCC May Approve T-Mobile/MetroPCS Merger Without Full Vote

According to a Communication Workers of America Union attorney, the Federal Communications Commission will approve the T-Mobile/MetroPCS merger without holding a vote. Monica Desai, attorney for the CWA says the deal will be approved “at the bureau level instead of the commission level.” David Kuat, analyst for Stifel Nicolaus & Co., says this development, if true is a positive signal for the deals prospects. “I assume it’s good” for the deal’s prospects and … [read full article]

T-Mobile Planning Layoffs At Company HQ Pre MetroPCS Merger?

tmobilehq

A new report circulating out of the Seattle Times is likely to ire House Democrats as reports of “significant round of layoffs” is expected to happen inside T-Mobile headquarters later this week. According to the report, more than 100 people in T-Mobile’s in-house marketing and other overlapping groups will hear the news tomorrow, with T-Mobile planning “integration” meetings to share the news. Unfortunately, I can confirm this report is accurate, though I’ve heard as … [read full article]

MetroPCS Announces Regulatory Period Expires For Government Agencies To Delay Merger

metropcs

A late Tuesday evening press release from MetroPCS announced the waiting period for the Hart-Scott-Rodino act had expired. The waiting period offers regulatory agencies the opportunity to delay the merger between MetroPCS and T-Mobile by having the companies continue to answer questions surrounding the proposed combination. The HSR Antitrust Improvement Act of 1976 provides that parties will not complete mergers until after they have submitted detailed filings with the Federal Trade Commission and … [read full article]

House Democrats Ask FCC To Press T-Mobile/MetroPCS To Keep Jobs As Approval Condition

metropcs

A number of House Democrats are urging the FCC to make sure that T-Mobile will accept steps designed to protect jobs as a condition of FCC approval. In a letter to FCC Chairman Julius Genachowski, 62 House Democrats urged they would work against “another consolidation of two companies that leads to reduction of American jobs.” The letter further asked the FCC to force T-Mobile to commit to “preserving US jobs” before signing off … [read full article]

White House Formally Responds To Phone Unlocking Petition, Calls For Changes In Law

The White House has just issued a formal response to the 110,000 plus signature supporting a consumer’s right to unlock their phone after the completion of your existing contract. Responding to the petition on whitehouse.gov, the executive branch states: “The White House agrees with the 114,000+ of you who believe that consumers should be able to unlock their cell phones without risking criminal or other penalties.” That’s not all, the statement goes … [read full article]

FCC Chairman Says They Will Investigate Phone Unlocking Ban

As the law banning phone unlocking enters into another month, FCC Chairman Julius Genachowski told TechCrunch will investigate the DMCA decision. The FCC will work to find if the ban is harmful to the competitive nature of the industry and whether or not the executive branch has any authority to effect change. The “ban raises competition concerns; it raises innovation concerns,” FCC Chairman Julius Genachowski said last night at a TechCrunch CrunchGov … [read full article]