The approval of the merger deal between T-Mobile USA and MetroPCS Communications would provide Deutsche Telekom a way to stage a comeback in the United Sates. In combining the fourth and fifth largest US wireless companies, the resulting company would be a carrier having more than 40 million customers. Furthermore, it provides T-Mobile airwave licenses that can provide services rivals have been offering.
The plan is to complete the deal by May 1. In a video statement, Deutsche Telekom Chief Executive Officer Rene Obermann, "We're very happy and also relieved that we finally got this solution. Not only because we finally have clarity -- as we all know, uncertain situations are never comfortable for anyone involved. Most of all, I'm happy that we can finally get going."
With the deal, the focus now would be expanding in the US market to remove focus on the European markets. The current economic crisis, regulated prices as well as shrinking markets have made operating in Europe much less palatable and profitable for the telecommunications company.
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