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” [...]
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