MetroPCS and T-Mobile USA complete merger
02 May 2013 |
Deutsche Telekom’s US arm, T-Mobile USA, and MetroPCS have completed their merger of the now combined company, T-Mobile US.
Following a number of delays of approval by the FCC and Deutsche Telekom, the company began trading on the New York Stock Exchange on May 1.
Under terms of the agreement, the board of directors will have eleven members and Tim Hottges, deputy CEO and CFO at Deutsche Telekom, is expected to serve as chairman of the board.
John Legere will head the company as CEO with J. Braxton Carter serving as CFO.
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