AT&T’s BlackBerry Coup and 3 Telecom Titans Attracting Interest
MetroPCS Communications (NYSE:PCS): The company made an announcement that the DOJ allowed the waiting period to lapse on the planned merger between the two companies. This waiting period was required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, indicating that the DOJ does not see any objections to the merger. Furthermore, there are no other regulatory approvals that are required by the companies to get in order to close the deal. It is imperative that the Federal Communications Commission approve the transfer of spectrum licenses.