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Released: November 27, 2011
AT&T and T-Mobile pull FCC merger application
Source: Cecilia Kang, The Washington Post
AT&T and T-Mobile on Thursday moved closer to abandoning their proposed $39 billion merger, saying they have withdrawn their application from the Federal Communications Commission.
The decision followed an announcement this week by FCC Chairman Julius Genachowski that he was moving to block the deal, setting up a major regulatory hurdle that all but ended the chances for a wireless mega-merger in the near term.
Read Full Article: AT&T and T-Mobile pull FCC merger application
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