The FCC opened a docket on Deutsche Telekom’s proposed acquisition...
The FCC opened a docket on Deutsche Telekom’s proposed acquisition of MetroPCS. “In the proposed transaction, Deutsche Telekom will receive 74 percent ownership of the combined company and MetroPCS shareholders will receive $1.5 billion in cash and 26 percent ownership…
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in the combined company, which will retain the T-Mobile name,” the FCC said in a public notice (http://xrl.us/bnuu4v). “The purpose of this public notice is to announce the opening of a docket, WT Docket No. 12-301, and establish the ex parte status of discussions related to the proposed transaction. When the Applications have been accepted for filing, we will issue a separate public notice announcing that fact and setting forth a pleading schedule.” Meanwhile, the Wireless Bureau issued two protective orders offering various degrees of protection to confidential information filed on the merger.