T-Mobile-MetroPCS Board to Be Packed With Deutsche Telekom People if Deal Approved
MetroPCS on Tuesday outlined its planned board of directors structure — assuming its deal to merge with T-Mobile USA is approved.
And the bulk of the board will be made up of folks associated with T-Mobile parent Deutsche Telekom.
Both exiting DT chief Rene Obermann and incoming CEO Timotheus Hottges will be on the combined company board, with Hottges serving as Chairman.
T-Mobile CEO John Legere will also be on the board, along with Deutsche Telekom executives Raphael Kubler and Thorsten Langheim.
Two current MetroPCS directors will also be on the board.
The deal has gotten approval from U.S. regulators but still needs the nod from MetroPCS shareholders.