Sorry,
AT&T (
T) — it seems that the Federal Communications Commission is willing
to let T-Mobile merge with another company after all, as long as it doesn’t involve you.
Bloomberg reports on its Twitter account that the FCC has approved the proposed merger between
T-Mobile and MetroPCS (
PCS), which still has to be approved by MetroPCS shareholders to become official. This last step could be particularly tricky, however,
since some shareholders last year filed a lawsuit to block the merger while accusing the companies of “cheating shareholders” by “drastically” undervaluing MetroPCS’ worth.
