AT&T has decided not to challenge the Federal Communication Commission’s objections to its proposed US$39 billion acquisition of T-Mobile. Given the energy, time and resources it clearly put into the effort, the company is likely still licking its wounds, but it will soon have to address the question of what to do next — as will T-Mobile and its parent company Deutsche Telekom. The proposed deal was seen as the solution to several problems — among them, how AT&T could extend services throughout the U.S., despite its constrained bandwidth.
Loading ...
AT&T, T-Mobile: There's No Crying in Mergers
Posted by: Erika Morphy December 21, 2011 05:00 AMAT&T has decided not to challenge the Federal Communication Commission’s objections to its proposed US$39 billion acquisition of T-Mobile. Given the energy, time and resources it clearly put into the effort, the company is likely still licking its wounds, but it will soon have to address the question of what to do next — as will T-Mobile and its parent company Deutsche Telekom. The proposed deal was seen as the solution to several problems — among them, how AT&T could extend services throughout the U.S., despite its constrained bandwidth.