Paulson & Co. isn't happy with T-Mobile USA CEO John Legere's dismissal of MetroPCS (PCS)...

|About: T-Mobile US, Inc. (TMUS)|By:, SA News Editor

Paulson & Co. isn't happy with T-Mobile USA CEO John Legere's dismissal of MetroPCS (PCS) merger opponents as "greedy hedge funds." "If anyone is being greedy here, it is Deutsche Telekom (DTEGY.PK) by stripping out $15 billion of senior debt at above market rates ... MetroPCS shareholders are left with a subordinated minority stake in an over leveraged equity stub," argues Paulson, which owns 9.9% of MetroPCS. With Madison Dearborn (another huge shareholder) supporting the deal, some think advisory firm ISS could play kingmaker.