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| Easy,Cheap & Sleazy Join Date: Sep 2002 Location: Union County NJ Posts: 8,331
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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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| | #3 (permalink) |
| Join Date: Dec 2004 Location: Northern Virginia Posts: 888
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this is definitely a step in the right direction in my opinion... good stuff!
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| | #5 (permalink) |
| iPhone 3G 16GB (White) Join Date: May 2002 Location: New Sanfrakota Posts: 12,378
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Images: 50 | Definitely not as bumpy as the "oil and vinegar" merger.
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| | #6 (permalink) |
| Join Date: Dec 2004 Location: Northern Virginia Posts: 888
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| | #7 (permalink) |
| 4 years and counting... Join Date: Sep 2004 Location: Los Angeles, CA Posts: 4,653
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I'm glad this thing is finally a done deal.
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| | #8 (permalink) |
| Join Date: Jun 2006 Location: Reading, PA Posts: 3,639
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this means serious native coverage increases on the east coast...........a good thing........too bad i dont have T-Mobile
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