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Title: AT&T Backs Out Of T-Mobile Merger, Takes $4 Billion Hit [Report] Post by: HCK on December 20, 2011, 03:00:04 pm AT&T Backs Out Of T-Mobile Merger, Takes $4 Billion Hit [Report]
AT&T has officially backed out its proposed merger with T-Mobile. The deal has been undergoing intense scrutiny from the FCC and DOJ. A $4 billion pre-tax fee charge will be paid by AT&T as agreed upon. While a complete merger is officially dead, AT&T and T-Mobile have said that they will enter “a mutually beneficial roaming agreement” [...] http://feedproxy.google.com/~r/cultofmac/bFow/~3/YxIagO6XBh4/story01.htm |