Just precisely how the T-Mobile / MetroPCS merger will pan out still seems yet to be decided. What is clear, however, is that majority share-holder, Deutsche Telekom, hope to have the deal done and dusted between April and June next year. CFO for the German giant, Timotheus Hoettges, told Boersenzeitung that we'll have to wait until the second quarter of 2013 before one of the parties will have to start ordering new stationary and corporate polo shirts. In the meantime he was keen to point out that not all current financial arrangements should feel ause for concern, noting shareholders wouldn't have their remuneration policy affected by the merger, thanks to the spiffy financial year it's had.
Filed under: Cellphones, Mobile, T-Mobile
Deutsche Telekom: T-Mobile / MetroPCS merger to be completed by June 2013 originally appeared on Engadget on Sat, 13 Oct 2012 14:28:00 EDT. Please see our terms for use of feeds.
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The final significant roadblock to Google's buyout of Motorola has been cleared, as Chinese regulators have just given their rubber stamp. Their approval follows a few months after the simultaneous American and European clearances, and virtually all that's left now is to formally close the deal and start integrating the two mobile giants. It might still come too late for the combined entity to present a united front at Google I/O, but at least they won't have any awkward glances at each other across the room. We're just trying to decide on whether or not Googorola is the best pet name for the loving, $12.5 billion-dollar Android union.
Update: Google has since told the AP that the deal will likely wrap up early next week, so Motorola should be part of the family well in advance of Google I/O. Also, Google has to keep Android freely usable by anyone for at least five years, although no one was expecting that to change anytime soon.
China clears Google acquisition of Motorola, eliminates last barrier to Googorola bliss (update) originally appeared on Engadget on Sat, 19 May 2012 14:39:00 EDT. Please see our terms for use of feeds.
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