National Commercial Real Estate News From CoStar Group
What Are The Real Estate Implications of T-Mobile/MetroPCS's Merger?
The Federal Communications Commission on Tuesday approved the merger between T-Mobile, owned by Germany based Deutsche Telekom, and MetroPCS (NYSE:PCS), creating the fourth-largest wireless company, behind Verizon, AT&T and Sprint.
Like the merger proposed by AT&T and T-Mobile in 2011, which ultimately failed to win federal approval, the real estate and employment implications for the merger are significant.
T-Mobile and MetroPCS claim the proposed...