AT&T threw in the towel on its planned $39 billion T-Mobile merger over the holiday weekend. On Thursday, it posted a blog entry saying the deal was off. The announcement came two days after Federal Communications Commission Chairman Julius Genachowski said he would oppose the deal. This is the ...
The proposed AT&T/T-Mobile merger hit another obstacle Tuesday when the chairman of the FCC called the deal harmful to consumers. AT&T will have to prove otherwise if FCC Chairman Julius Genachowski gets his way. He's asked that the other commissioners approve an administrative hearing on th...
The U.S. Department of Justice dealt a surprising blow to the proposed $39 billion merger between wireless providers AT&T and T-Mobile Wednesday when it filed a lawsuit to block AT&T from acquiring the smaller company, claiming the deal would violate antitrust regulations. The proposed merge...
With one brief letter, the Federal Communications Commission has put a stop to any hopes that two pending AT&T deals -- its $1.9 billion purchase of spectrum licenses from Qualcomm and its proposed acquisition of T-Mobile from Deutsche Telekom for about $39 billion -- will be easy to settle. In ...
AT&T announced a deal Sunday that will make it the largest cellphone company in the U.S., surpassing Verizon. AT&T reached an agreement to acquire T-Mobile from Deutsche Telekom for about $39 billion. The deal will need approval from the FCC and DoJ to verify it would not violate antitrust l...
Deutsche Telekom is reportedly in talks with Sprint Nextel to sell its T-Mobile USA unit. The terms revolve around a major stake Deutsche Telekom would take in the combined entity. The negotiations have been an on-again, off-again affair, according to reports, and there is no certainty a deal will e...
A newly formed international consortium has claimed it can be the glue that unites a fragmented mobile applications market. However, if the Wholesale Applications Community can't deliver on its promise of an open platform that will let developers write apps for all devices -- save perhaps Apple's iP...
The parent company of T-Mobile, the fourth-largest U.S. wireless company, is considering a bid for Sprint Nextel, the carrier just north of it on the size chart, according to a British newspaper. Deutsche Telekom could make the offer within the next few weeks, it said. Such a deal, if it were to ha...
Verizon Wireless confirmed Thursday that it will buy Alltel Wireless in a deal worth $28.1 billion, one that will help it reach new markets and push it ahead of AT&T as the largest wireless carrier in the U.S. The move comes just a year after a group of private equity players took Alltel private...
Ban
Regulate
Maintain status quo
Undecided
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