PCS Metropcs Comm. Dl-,0001

FRANKFURT--Germany's Deutsche Telekom AG (DTE.XE) Thursday denied a report that said it's considering a higher bid for U.S.-based MetroPCS Communications Inc. (PCS), which it aims to merge with its U.S. wireless business T-Mobile USA.

Speaking to Dow Jones via telephone, Deutsche Telekom spokesman Philipp Kornstadt denied a Reuters report on Thursday that the German company is considering sweetening the terms but that a final decision had not yet been made.

MetroPCS shareholders are set to vote on the transaction April 12.

Proxy advisory firms, including Glass Lewis & Co. and Institutional Shareholder Services Inc., have recommended MetroPCS shareholders reject the deal, as they consider the terms unfavorable for shareholders.

Write to Archibald Preuschat at archibald.preuschat@dowjones.com

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