Last Friday we wrote an update on whether or not AT&T was still pursuing its merger with T-Mobile. The Department of Justice judge overseeing the lawsuit, Ellen Huvelle, has granted requests from both parties which will delay the antitrust case scheduled to begin February 13. AT&T will have until January 12 to file a report [...]
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On Tuesday AT&T withdrew its application to buy T-Mobile USA’s mobile licenses. It is speculated that the corporation made this move in order to avoid the publication of an internal staff report. The FCC released the document anyway, much to AT&T’s chagrin, in the belief that the merger is against the public interest. We at LLM [...] The Department of Justice filed a lawsuit today against AT&T’s acquisition of T-Mobile. The $39 billion buy-out was announced in March of this year and would make AT&T the largest mobile carrier in the US, superseding Verizon. AT&T is currently second in the nation, T-Mobile fourth, and they are in direct competition in 97 out [...] |
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