MetroPCS (PCS -1.1%) shareholders approve the company's merger with T-Mobile USA (DTEGY.PK). The...

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

MetroPCS (PCS -1.1%) shareholders approve the company's merger with T-Mobile USA (DTEGY.PK). The approval was widely expected after the most high-profile opponents of Deutsche Telekom's initial offer terms - major shareholders Paulson & Co. and Schoenfeld Asset Management, and advisory firm ISS - all gave a thumbs-up to Deutsche's revised offer. Now comes the hard part: getting two low-end carriers who have been steadily losing share to Verizon/AT&T to reverse their fortunes as a joint entity. Quite a lot hinges on how T-Mobile's new subsidy-free plans are received.