Technology News Alert: AT&T, T-Mobile deal dealt another blow

Friday, December 9, 2011

   
The Washington PostFriday, December 9, 2011 12:38:40 PM
TECHNOLOGY NEWS ALERT

AT&T, T-Mobile deal dealt another blow


The Justice Department Friday said it would ask a judge to delay its lawsuit to block a merger between AT&T and T-Mobile, dealing a crippling blow to the deal's prospects.

AT&T had hoped to win its case against Justice, as a way to salvage its $39 billion bid for the fourth largest wireless company. It had then planned to use the victory to persuade a skeptical Federal Communications Commission to approve the merger.

But Friday's events threw that strategy into disarray. If the judge sides with Justice, AT&T would have even fewer options left.


Read more at:
http://www.washingtonpost.com/blogs/post-tech/post/atandt-t-mobile-deal-dealt-blow-again-after-doj-moves-to-scrap-chance-at-court-victory/2011/12/09/gIQAPl7IiO_blog.html



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