MetroPCS Board Pushes Back Vote On T-Mobile USA Merger


With a special announcement on their investor website, MetroPCS announced that it would move the special meeting of their stockholders to vote on the “proposed combination of MetroPCS with T-Mobile USA, Inc.” According to the statement, the date of the special meeting was changed to “correct an administrative error.” In the same statement, MetroPCS states they now expect the deal with T-Mobile to be completed shortly after the meeting.

MetroPCS hopes the pushed back date will allow “additional” time for stockholders to check the company’s financial position and consider the “compelling benefits of the proposed combination with T-Mobile to create the leading value carrier in the United States.” The timing of the move to push back the meeting seems highly coincidental amid news that the largest stockholder in MetroPCS would vote against the merger.

The special meeting of stockholders will now be held on April 12th.

MetroPCS Investors Page


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