Tuesday, December 20, 2011

ATandT Ends $39 Billion T-Mobile Bid, Will Pay $4 Billion in Fees

AT&T is ending its $39 billion bid for T-Mobile, a proposed merger that had drawn considerable pushback from federal regulators and rival carrier Sprint. - AT amp;T has
decided to end its $39 billion bid for T-Mobile USA, the company announced in a
statement Dec. 19.
�AT amp;T will
continue to be aggressive in leading the mobile Internet revolution,� AT amp;T
CEO Randall Stephenson wrote in that statement. �Over the past four years, we
have inves...


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