"By our back of the envelope math, these new terms add north of $3 in additional equity value for [MetroPCS] shareholders (through the debt reduction and lower interest expense)," wrote Wells Fargo Securities senior analyst Jennifer Fritzsche, in a research note. "We believe this will be enough to gain shareholder approval. While we still believe the newly combined entity's revenue growth objectives remain a bit lofty, starting out with a lower leverage ratio should certainly help its start on stronger footing." The Federal Communications Commission approved the deal last month, leaving just MetroPCS shareholder approval for the deal to be completed. Bored? Why not follow me on Twitter ?