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Feds nix AT&T buyout of T-Mobile

submitted 271 days ago by equipurple in "Stores / Merchants"

The Justice Department is blocking AT&T's $39 billion deal to buy T-Mobile USA, saying the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and raise prices.

http://money.cnn.com/2011/08/3.....antitrust/

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123437

professor

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Posted by orangearrows 271 days ago
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And Sprint is smiling
- admin
  
  Posted by HouTex 271 days ago
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  A LOT of us are smiling!

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Posted by YanBz 270 days ago

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This doesn't mean the merger might not still go through.

professor

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Posted by lootango 270 days ago

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I will be very disappointed if this deal does end of going through... although I expect they'll settle down the road.

123458

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Posted by orangearrows 270 days ago [reply] 0 0

It sure is going to delay things.

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