T-Mobile USA and MetroPCS Announce Receipt of All Required Regulatory Approvals for Proposed Combination

Thu Mar 21, 2013 7:00am EDT

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BONN,  Germany;  BELLEVUE, Wash.  and  RICHARDSON, Texas,  March 21, 2013 
/PRNewswire/ -- Deutsche Telekom AG (XETRA: DTE; "Deutsche Telekom"), T-Mobile 
USA, Inc. ("T-Mobile") and MetroPCS Communications, Inc. (NYSE: PCS; "MetroPCS")
today announced that they have now received all regulatory approvals in
connection with the proposed combination of T-Mobile  USA, a wholly-owned
subsidiary of Deutsche Telekom, and MetroPCS.  

On  March 20, 2013, the Committee on Foreign Investment in  the United States 
advised Deutsche Telekom and MetroPCS that it has determined that there are no
unresolved national security concerns with respect to the transaction and that
it has therefore concluded its review. This concludes all regulatory approval
the parties were seeking prior to closing the proposed combination, which
remains subject to the approval of MetroPCS stockholders.

A Special Meeting of MetroPCS stockholders to vote on matters relating to the
proposed combination of MetroPCS with T-Mobile has been scheduled for  April 12,
2013. MetroPCS stockholders of record as of the close of business on  March 11,
2013  are entitled to vote at the Special Meeting. The combination is expected
to close shortly after the Special Meeting.   

The MetroPCS board unanimously recommends that stockholders vote their shares
FOR all of the proposals relating to the proposed combination with T-Mobile by
returning the GREEN proxy card they will receive in due course with a "FOR" vote
for all proposals. The failure to vote or an abstention has the same effect as a
vote against the proposed combination. Because some of the proposals required to
close the proposed combination require at least an affirmative vote of a
majority of all outstanding shares, MetroPCS stockholders' votes are important.
If stockholders vote against the proposed combination, there is no assurance
that MetroPCS will be able to deliver the same or better stockholder value.

The Company urges stockholders to discard any white proxy cards, which were sent
by a dissident stockholder. If a stockholder previously submitted a white proxy
card, the Company urges them to cast their vote as instructed on the GREEN proxy
card, which will revoke any earlier dated proxy card that was submitted,
including any white proxy card.

Stockholders who have questions or need assistance voting their shares should
contact the Company's proxy solicitor, MacKenzie Partners, Inc. toll-free at
(800) 322-2885 or call collect at (212) 929-5500.

About Deutsche Telekom  

Deutsche Telekom is one of the world's leading integrated telecommunications
companies with more than 132 million mobile customers, over 32 million
fixed-network lines and 17 million broadband lines (as of  December 31, 2012).
The Group provides products and services for the fixed network, mobile
communications, the Internet and IPTV for consumers, and ICT solutions for
business customers and corporate customers. Deutsche Telekom is present in
around 50 countries and has 230,000 employees worldwide. The Group generated
revenues of  EUR 58.2 billion  in the 2012 financial year - more than half of it
outside  Germany  (as of  December 31, 2012).

About T-Mobile  USA  Inc.

Based in  Bellevue, Wash., T-Mobile  USA, Inc. is the U.S. wireless operation of
Deutsche Telekom AG (XETRA: DTE; OTCQX: DTEGY).  By the end of the fourth
quarter of 2012, approximately 132.3 million mobile customers were served by the
mobile communication segments of the Deutsche Telekom group - 33.4 million by
T-Mobile  USA  - all via a common technology platform based on GSM and UMTS and
additionally HSPA+ 21/HSPA+ 42. T-Mobile  USA's innovative wireless products and
services help empower people to connect to those who matter most.   

For more information, please visit  http://www.T-Mobile.com. T-Mobile is a
federally registered trademark of Deutsche Telekom AG. For further information
on Deutsche Telekom, please visit  www.telekom.de/investor-relations.  

About MetroPCS Communications, Inc.

Dallas-based MetroPCS Communications, Inc. (NYSE: PCS) is a provider of no
annual contract, unlimited wireless communications service for a flat-rate.
MetroPCS is the fifth largest facilities-based wireless carrier in  the United
States  based on number of subscribers served. With Metro  USA(SM), MetroPCS
customers can use their service in areas throughout  the United States  covering
a population of over 280 million people. As of  December 31, 2012, MetroPCS had
approximately 8.9 million subscribers. For more information please visit 

Additional Information and Where to Find It  

This document relates to a proposed transaction between MetroPCS and Deutsche
Telekom. In connection with the proposed transaction, MetroPCS has filed with
the Securities and Exchange Commission (the "SEC") an amended definitive proxy
statement. Security holders are urged to read carefully the amended definitive
proxy statement and all other relevant documents filed with the SEC or sent to
stockholders as they become available because they will contain important
information about the proposed transaction. All documents are, and when filed
will be, available free of charge at the SEC's website (www.sec.gov). You may
also obtain these documents by contacting MetroPCS' Investor Relations
department at 214-570-4641, or via e-mail at  investor_relations@metropcs.com.
This communication does not constitute a solicitation of any vote or approval.

Participants in the Solicitation  

MetroPCS and its directors and executive officers will be deemed to be
participants in any solicitation of proxies in connection with the proposed
transaction. Information about MetroPCS' directors and executive officers is
available in MetroPCS' annual report on Form 10-K filed with the SEC on  March
1, 2013. Other information regarding the participants in the proxy solicitation
and a description of their direct and indirect interests, by security holdings
or otherwise, is contained in the amended definitive proxy statement and other
relevant materials filed with the SEC regarding the proposed transaction.
Investors should read the amended definitive proxy statement carefully before
making any voting or investment decisions.  

Cautionary Statement Regarding Forward-Looking Statements  

This document includes "forward-looking statements" for the purpose of the "safe
harbor" provisions within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended. Any statements made in this document that are
not statements of historical fact, and statements about our beliefs, opinions,
projections, strategies, and expectations, are forward-looking statements and
should be evaluated as such. These forward-looking statements often include
words such as "anticipate," "expect," "suggests," "plan," "believe," "intend,"
"estimates," "targets," "views," "projects," "should," "would," "could," "may,"
"become," "forecast," and other similar expressions. Forward looking statements
include statements regarding the anticipated closing date for the transaction,
the value of the proposed combination, and any statements made regarding our
strategy, prospects or future performance.

All forward-looking statements involve significant risks and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements, many of which are generally outside the control of
MetroPCS, Deutsche Telekom and T-Mobile and are difficult to predict. Examples
of such risks and uncertainties include, but are not limited to, the possibility
that the proposed transaction is delayed or does not close, including due to the
failure to receive the required stockholder approvals, the taking of
governmental action (including the passage of legislation) to block the proposed
transaction, the failure to satisfy other closing conditions, the possibility
that the expected synergies will not be realized, or will not be realized within
the expected time period, the significant capital commitments of MetroPCS and
T-Mobile, global economic conditions, fluctuations in exchange rates,
competitive actions taken by other companies, natural disasters, difficulties in
integrating the two companies, disruption from the transaction making it more
difficult to maintain business and operational relationships, actions taken or
conditions imposed by governmental or other regulatory authorities and the
exposure to litigation. Additional factors that could cause results to differ
materially from those described in the forward-looking statements can be found
in MetroPCS' annual report on Form 10-K, filed  March 1, 2013, and other filings
with the SEC available at the SEC's website (www.sec.gov). The results for any
prior period may not be indicative of results for any future period.

The forward-looking statements speak only as to the date made, are based on
current assumptions and expectations, and are subject to the factors above,
among others, and involve risks, uncertainties and assumptions, many of which
are beyond our ability to control or ability to predict. You should not place
undue reliance on these forward-looking statements. MetroPCS, Deutsche Telekom
and T-Mobile do not undertake a duty to update any forward-looking statement to
reflect events after the date of this document, except as required by law.

 For MetroPCS Communications, Inc.                    For Deutsche Telekom           
 Investor Relations Contacts:                         +49 228 181 4949               
 Keith Terreri, Vice President - Finance & Treasurer  media@telekom.de               
 Jim Mathias, Director - Investor Relations           or                             
 214-570-4641                                         +49 228 181 888 80             
 investor_relations@metropcs.com                      investor.relations@telekom.de  
 For T-Mobile USA                                                                    
 Media Relations                                                                     

SOURCE  MetroPCS Communications, Inc.

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