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MetroPCS Announces Regulatory Period Expires For Government Agencies To Delay Merger

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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 … [read full article]

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

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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 … [read full article]