The very important takeover of the Sothern market of USA seems to be moving smoothly to its complete phase. Recently Suncom’s shareholders approved the proposal to merge the Company with T-Mobile. This very important event and result is the next step for T-Mobile’s strategy to expand its network coverage and save on roaming costs, but not only. This deal will cost $2.4 Billion, including an $800 million debt. For this sum T Mobile will get some additional benefits. Among which, can be mentioned the total increase of network subscribers, adding another 1.1 million customers to the existent 27 million contracts. The other advantage of the improvement of the network coverage is the number of potential users from 15 million to 260 million citizens. The purchase process is not finished yet. T-Mobile will need now the approval from the Federal Communications Commission. The completion of the merger is expected to occur in 2008.
