MetroPCS says DOJ seeks more information on T-Mobile deal

Mon Nov 19, 2012 5:20pm EST

Nov 19 (Reuters) - MetroPCS Communications Inc said the U.S. Department of Justice has requested for additional information regarding the company's proposed merger with T-Mobile USA.

The request would extend the waiting period imposed by the Hart-Scott-Rodino act until 30 days after MetroPCS and T-Mobile - a unit of Deutsche Telekom - have complied with the request, MetroPCS said.

MetroPCS said it continues to expect the deal to close in the first half of 2013.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.