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MENAFN - 25/11/2012

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(MENAFN) Deutsche Telekom's AG chairman, Ulrich Lehner, announced that the merger of the company's T-Mobile USA with MetroPCS Communications Inc will enhance and strengthen the German firm's position in the US, reported Reuters.

Lehner added that the deal, which is forecasted to seal in next year's first half, will also result in billions of dollars in synergies.

In October, T-Mobile USA and MetroPCS said that they wanted to merge their firms, with the move expected to create the US fourth-strongest wireless firm.

Since the market is moving quickly to super-fast mobile internet offerings; T-Mobile is seeking to become equal to market leaders Verizon Wireless, AT&T and Sprint.

 






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Apr 23 2014Saudi- Yaroub Bashraheel: In search of peace ... underwater ,Arab News
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Apr 23 2014Saudi- Schneider highlights intelligent health care solutions at forum ,Arab News
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Apr 23 2014Saudi- Divorcees can seek housing ,Arab News
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Apr 23 2014Saudi Savola Group revenue up 43 pct in Q1 ,MENAFN
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Apr 23 2014Saudi- New passport office opens at Red Sea Mall ,Arab News
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Apr 23 2014Tamouh steps up activity on projects ,Khaleej Times
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Apr 23 2014Kowait- Police deportation powers curbed ,Arab Times
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Apr 23 2014Kowait- Amiri Diwan urges all off tape case ,Arab Times
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Apr 23 2014Kowait- New hospital to be ready by 2014 end ,Arab Times
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Apr 23 2014Seven tied for the lead in chess championships ,Khaleej Times
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Apr 23 2014Kowait: 5938 illegal residents said 'rectified' status ,Arab Times
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Apr 23 2014Kowait- 'All must join hands to save youth from strife' ,Arab Times
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