No, this is a public merger. Who will come out on top as the controlling company is still unknown. It may be MetroPCS who will be survivor over T-Mobile I think, but that is opinion not fact. I don't see this as a bad move for either company, it means better deals for customers. I am also sure they may also just keep the customers separate, again just speculation. It could also mean a huge improvement in choice of phones. Not a dumb move for either company. But it is for sure these two guys are coming together Deutsche Telekom and MetroPCS agree on $1.5 billion T-Mobile merger (updated) -- Engadget This is the article confirming the rumors.