Deutsche Telekom Eyes MetroPCS Deal To Bolster T-Mobile

Law360, New York (October 2, 2012, 6:20 PM EDT) -- Deutsche Telekom AG is negotiating the merger of its U.S. subsidiary with rival MetroPCS Wireless Inc., the German company said Tuesday, setting the stage for a move that would build up T-Mobile USA Inc. to better compete with Verizon Wireless and AT&T Inc., titans in the U.S. marketplace.

Under the terms of the prospective transaction, Deutsche Telekom said it would hold the majority of shares in the combined U.S. operation. Multiple news outlets, including the New York Times, cited unnamed sources close to the discussions who...
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