AT&T Stops T-Mobile Merger Bid With the FCC
An anonymous reader writes Relationships are tough and it looks like AT&T and T-Mobile's has stopped before it even started. From the article: 'AT&T and T-Mobile have announced that they will remove their pending applications to the FCC for their merger bid. This comes after statements from the FCC chairman 'strongly opposing the merger'. In doing so, AT&T has agreed to pay T-Mobile 4 Billion US dollars to cover accounting and other costs that this may have caused. While AT&T would still like to merge, it is unlikely that they will gain antitrust clearance from the Department of Justice. It's the antitrust aspect that this is mostly about, in that AT&T has said that they want this move to free up the FCC to consider all options, and focus both AT&T and T-Mobile on the pending antitrust.'"
Yay!
That means the T-Mobile commercials with that hot girl in pink will continue!
Hell just froze over. I am not sure I can sleep tonight.
Just what kind of other costs could they have? $4B is an awful lot of hookers...
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AT&T Stops T-Mobile Merger Bid With the FCC
I didn't even know T-Mobile was trying to merge with the FCC. How did AT&T stop it?
'The tyrant will always find pretext for his tyranny.' - Aesop's Fables
As I have said before, I am in love with Carly Foulkes (the T-Mobile spokes-model) and I intend to purchase whatever she tells me to buy.
Proverbs 21:19