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Rabu, 21 Desember 2011

AT&T Ends Bid to Acquire T-Mobile USA - TMCnet's Financial eNews

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December 19, 2011

AT&T Ends Bid to Acquire T-Mobile USA

By Peter Bernstein, Senior Editor

Having already pulled its application to the Federal Communications Commission (FCC (News - Alert)) and placed on hold efforts to fight the U.S. Department of Justice (DoJ) lawsuit against its $39 billion acquisition of T-Mobile USA, AT&T capitulated today and announced the deal was kaput. AT&T (News - Alert) will now recognize a pretax accounting charge of $4 billion in the 4th quarter of 2011.


The AT&T corporate website carried the following item late this afternoon under the header: “AT&T Inc. (NYSE: T) said today that after a thorough review of options it has agreed with Deutsche Telekom AG (News - Alert) to end its bid to acquire T-Mobile USA, which began in March of this year... Read More



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