Filed by VoiceStream Wireless
Corporation
Pursuant to Rule 425 under the
Securities Act of 1933
and deemed to be filed pursuant to
Rule 14a-12 of the Securities
Exchange Act of 1934
Subject Company: Powertel, Inc.
File No. 333-47306
THE FOLLOWING WAS PUBLICLY USED BY VOICESTREAM WIRELESS CORPORATION
ON JANUARY 17, 2001
<PAGE>
On January 12, 2001, Deutsche Telekom AG and VoiceStream Wireless
Corporation entered into an agreement with the U.S. Department of Justice and
the Federal Bureau of Investigation that addresses national security and law
enforcement matters relating to the proposed merger of Deutsche Telekom with
VoiceStream and Powertel Inc. Deutsche Telekom, VoiceStream and Powertel
previously had joined with the DOJ and the FBI in petitioning the Federal
Communications Commission to defer granting the companies' applications for
approval of their mergers until after Deutsche Telekom and VoiceStream entered
into such an agreement with the DOJ and the FBI. The mergers remain subject to
approval by the FCC, review by the Committee on Foreign Investment in the United
States, approval by the VoiceStream and Powertel shareholders and other
customary closing conditions.
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<PAGE>
On October 4, 2000, Deutsche Telekom and VoiceStream filed a preliminary
proxy statement/prospectus with the United States Securities and Exchange
Commission relating to Deutsche Telekom's proposed acquisition of VoiceStream
and the acquisition of Powertel by either Deutsche Telekom or VoiceStream.
An amendment to the October 4, 2000 filing was made on December 6, 2000.
In addition, Deutsche Telekom and VoiceStream will be filing a definitive
proxy statement/prospectus and other relevant documents concerning the
Deutsche Telekom/VoiceStream, Deutsche Telekom/Powertel and VoiceStream/Powertel
mergers with the SEC. WE URGE INVESTORS TO READ THE DEFINITIVE
PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE
SEC BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Security holders may obtain a
free copy of the proxy statement/prospectus and other related documents filed by
VoiceStream and Deutsche Telekom at the Commission's website at www.sec.gov or
at the Commission's public reference room located at 450 Fifth Street, NW,
Washington D.C 20549 or at one of the Commission's other public reference rooms
in New York, New York and Chicago, Illinois. Please call the
Commission at 1-800-SEC-0330 for further information of the public reference
rooms. When available, the definitive proxy statement/prospectus and the other
documents may also be obtained from Deutsche Telekom by contacting Deutsche
Telekom, Attention: Petra Michalscheck, Investor Relations, 140
Friedrich-Ebert-Allee, 53113 Bonn, Germany and/or Deutsche Telekom, Inc.,
Attention: Brigitte Weniger, 280 Park Avenue, 26th Floor, New York, New York
10017; and VoiceStream Wireless Corporation by contacting VoiceStream Wireless
Corporation, Attention: Ken Prussing, Executive Director, Investor Relations,
3650 131st Avenue SE, Bellevue, WA 98006.
VoiceStream and its directors, executive officers and certain other members of
VoiceStream management and employees may be soliciting proxies from VoiceStream
stockholders in favor of the merger. Information regarding the identity of the
persons who may, under SEC rules, be deemed to be participants in the
solicitation of stockholders of VoiceStream in connection with the Deutsche
Telekom and/or Powertel mergers, and their interests in the solicitations, are
set forth in a Schedule 14A filed on July 25, 2000, and additional information
will be contained in the definitive proxy statement/prospectus when it is filed
with the SEC.
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