The Federal Communications Commission has approved T-Mobile USA's purchase of MetroPCS, finding that the transaction will serve the public interest. The approval will not likely come as a shock, as there were no indications the FCC had serious objections related to the changed structure of the U.S. mobile market.
Among the benefits are the positive effects the merger could have on T-Mobile USA construction of a new Long Term Evolution network as well as enhanced ability for T-Mobile USA to compete in the national market.
T-Mobile USA, headquartered in Bellevue, Washington, is the fourth largest wireless service provider in the United States in terms of network coverage, number of subscribers, and revenues.
The network reaches 283 million people and covers approximately 1.2 million square miles. At the end of the fourth quarter of 2012, T-Mobile USA reported a total of 33.4 million U.S. subscribers, and service revenues totaling $4.1 billion.
Tuesday, March 12, 2013
FCC Approces T-Mobile USA Purchase of MetroPCS
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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