Deutsche Telekom, T-Mobile USA and MetroPCS Communications have announced they have now received all regulatory approvals in connection with the proposed combination of T-Mobile USA, a wholly-owned subsidiary of Deutsche Telekom, and MetroPCS. On 20 March, the Committee on Foreign Investment in the United States advised Deutsche Telekom and MetroPCS that it has determined that there are no unresolved national security concerns with respect to the transaction and that it has therefore concluded its review. This concludes all regulatory approval the parties are seeking prior to closing the proposed combination, which remains subject to approval by MetroPCS stockholders. A Special Meeting of MetroPCS stockholders to vote on matters relating to the proposed combination of MetroPCS and T-Mobile has been scheduled for 12 April. MetroPCS stockholders of record as of the close of business on 11 March are entitled to vote at the Special Meeting. The combination is expected to close shortly after the Special Meeting.
