Thursday, December 22, 2011

AT&T abandons T-Mobile merger plans (updated)

AT & T has officially abandoned its plans to buy T-Mobile. In a statement, the company said it agreed with Deutsche Telekom to stop pursuing a merger, which has been under increasing scrutiny from both the government and support groups. The failed attempt to wrest the small German-owned-term competition Ma Bell will cost $ 4 billion and is not to pay the cost without some complaints. In the statement of the FCC and the Department of Justice bear the brunt of the wrath of AT & T, who are accused of damaging and infuriating customers to come and spectrum scarcity. Of course, this also affects the company's ability to compete with Verizon, which has embarked on the purchase of spectrum in recent times. As a consolation prize: Deutsche Telekom and AT & T signed a roaming agreement, although the structure of the agreement and if you keep the purely national or international roaming to be seen. The press release from AT & T after the break.

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AT & T T-Mobile provides for the merger abandoned (updated)

Find best price for : --Engadget--

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