AT&T & T-Mobile Merger Official Dead

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WOOOOHOOO….. AT&T just put of an official press statement that it has given up on plans to purchase T-Mobile USA from Deutsche Telekom, T-Mobile’s German parent company.  The acquisition had come under heavy criticism and scrutiny from the government and FCC. The failed attempt to gobble up T-Mobile by AT&T does yield some benefits for [...]

US Gov Files Antirust suit against AT&T,/T-Mobile $39 Billion Merger

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  Bloomberg is reporting that the US Gov Filed Anti0trust paper today against the proposed acquisition of T-Mobile by AT&T. Which is a bad sign that this merger will not go anywhere. Also in. the Department of Justice moves to block the proposed deal by filing their own antitrust complaint. Looks like the US Gov. [...]