Deutsche Telekom to merge U.S. ops with MetroPCS


Reuters – Deutsche Telekom (DTEGn.DE) and MetroPCS agreed to merge their operations in the United States, leading to an impairment charge of at least 7 billion euros ($9 billion) for Telekom in a move that might allow the company to exit the U.S. wireless market.

Deutsche Telekom will hold 74 percent and MetroPCS 26 percent in the combined entity. more> http://tinyurl.com/8qb99pd

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