FCC Chairman Julius Genachowski said that allowing the fourth and fifth largest U.S. wireless carriers to combine will benefit consumers. One of these benefits is more high-speed wireless service. “I have said before, mutual consent implies mutual benefit, and it is accordingly in the public interest for freely-negotiated contracts to be allowed and enforced so long as third parties are not harmed,” he added.
T-Mobile is owned by Deutsche Telekom, Germany’s largest telephone company. In 2011, T-Mobile was the target of a failed purchase attempt by AT&T. The merger now means that T-Mobile will take on subscribers and capacity from MetroPCS to compete with AT&T, Verizon Wireless and Sprint Nextel Corp.
[Image courtesy of flickr user vveneziani]