News Alert: AT&T drops bid to acquire T-Mobile

Monday, December 19, 2011

   
The Washington PostMonday, December 19, 2011 4:56:15 PM
NEWS ALERT

AT&T drops bid to acquire T-Mobile


AT&T says it has agreed with Deutsche Telekom to ends its bid to buy T-Mobile USA after facing fierce government objections.

The cellphone giant said Monday that the actions of the government to block the merger do not change the challenges of the wireless phone industry, which it says requires more spectrum to expand.


Read more at:
http://www.washingtonpost.com/national/atandt-agrees-to-drop-takeover-bid-for-t-mobile-following-fierce-government-objections/2011/12/19/gIQA3sR64O_story.html



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