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Old 02-11-2008, 10:46 PM   #1 (permalink)
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Default FCC approves T-Mobile - Suncom deal

FCC approves T-Mobile USA/SunCom deal
Companies expect $2.4B deal to close by end of month

The Federal Communications Commission approved T-Mobile USA Inc.’s $2.4 billion purchase of SunCom Wireless Holdings Inc., enabling the No. 4 national cellular carrier to bolster coverage in the Southeast and the Caribbean.

SunCom, of Berwyn, Pa., has a presence in the Carolinas, Tennessee, Georgia, Puerto Rico and the U.S. Virgin Islands. The regional operator was formerly an affiliate of AT&T Wireless Services Inc. before the nationwide operator was acquired by Cingular Wireless L.L.C.

“Combining the strength of T-Mobile’s national network, top-ranked customer service and rich personal communications products and services is an added benefit to the more than one million customers served by SunCom,” said Robert Dotson, president and CEO of T-Mobile USA. “We very much appreciate the FCC’s speedy approval of this transaction.”

T-Mobile USA, based in Bellevue, Wash., and an unit of German-based telecom giant Deutsche Telecom AG, previously said it expects synergies of about $1 billion due to reduced roaming costs and operating expenses. T-Mobile USA, which serves 27 million subscribers, and SunCom said they expect the deal to close by the end of this month.

“We appreciate the commissioners’ time and thoughtful review of the proposed merger and are extremely pleased with their decision to approve the license transfers,” said Mike Kalogris, chairman and CEO of SunCom.

FCC approves T-Mobile USA/SunCom deal - RCR Wireless News
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Old 02-11-2008, 11:16 PM   #2 (permalink)
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Default Re: FCC approves T-Mobile - Suncom deal

Good deal maybe tmobie can get the blackberry 8120 now,
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Old 02-11-2008, 11:24 PM   #3 (permalink)

 
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Default Re: FCC approves T-Mobile - Suncom deal

this is definitely a step in the right direction in my opinion... good stuff!
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Old 02-11-2008, 11:29 PM   #4 (permalink)
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Default Re: FCC approves T-Mobile - Suncom deal

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Originally Posted by Wumpusva View Post
this is definitely a step in the right direction in my opinion... good stuff!
Yeah they have a bumpy road ahead though lol.
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Old 02-12-2008, 10:22 AM   #5 (permalink)
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Default Re: FCC approves T-Mobile - Suncom deal

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Yeah they have a bumpy road ahead though lol.
Definitely not as bumpy as the "oil and vinegar" merger.
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Old 02-12-2008, 11:57 AM   #6 (permalink)

 
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Default Re: FCC approves T-Mobile - Suncom deal

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Definitely not as bumpy as the "oil and vinegar" merger.
hahaha... "sextel"
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Old 02-12-2008, 2:57 PM   #7 (permalink)
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Default Re: FCC approves T-Mobile - Suncom deal

I'm glad this thing is finally a done deal.
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Old 02-13-2008, 11:56 AM   #8 (permalink)

 
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Default Re: FCC approves T-Mobile - Suncom deal

this means serious native coverage increases on the east coast...........a good thing........too bad i dont have T-Mobile
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