Mobile-MetroPCS,

October 3, 2012 - 11:34 AM
FILE-In this Wednesday, Sept. 12, 2012, file photo man using a cellphone passes a T-Mobile store, Wednesday, Sept. 12, 2012 in New York. Struggling cellphone companies T-Mobile USA and MetroPCS Communications are set to merge, in a deal that will create an operator with more than 40 million subscribers. In a joint statement, the two companies said Wednesday, Oct. 3, 2012, that Deutsche Telekom AG, the owner of T-Mobile USA, will hold 74 percent of the new business, while MetroPCS's shareholders will hold the remainder, as well as receiving a payment of about $1.5 billion. (AP Photo/Mark Lennihan, File)