Saturday, November 26, 2011

AT&T Drops Bid to Buy T-Mobile


Thursday, AT&T issued a formal statement withdrawing its intent to  merger with T-Mobile. The company had previously agreed acquire T-Mobile for $39 billion. Yesterday, on Thanksgiving Day here in the U.S., AT&T released a statement announcing its intention to withdraw its request from the FCC.

1 comment:

  1. $39 billion? That is obscene. Literally obscene.

    ReplyDelete

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