T-Mobile CEO
John Legere has shown he can trash-talk, but he may soon have to show that he can sweet-talk as well.
Per Bloomberg, New Street Research analyst Jonathan Chaplin says that
T-Mobile and MetroPCS (
PCS) right now “don’t have enough votes” among MetroPCS shareholders to get their proposed merger approved. The merger’s prospects are apparently so bad right now that Chaplin says T-Mobile parent company Deutsche Telekom “would be crazy to let it go to a vote” and that it will have to “sweeten” its offer if it hopes to win shareholder approval.
MetroPCS shareholders are scheduled to vote on the proposed merger at a special meeting on April 12th.
