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Thursday, December 1, 2011

AT&T Considers Alternative If T-Mobile Merger Is Blocked!

Posted by Unknown on 9:56 AM



At&t has encountered a couple of roadblocks prohibiting the merger with T-Mobile. Well they have another trick up their sleeve if the merger is not allowed. Check out the rumor after the jump.

AT&T is reportedly considering a joint venture with T-Mobile USA parent company Deutsche Telekom instead of buying T-Mobile USA outright. Sources speaking to The Wall Street Journal said the plans are far from final, but such a deal could be looked at more closely now that AT&T is facing a number of roadblocks with its planned merger. AT&T recently withdrew its application from the FCC to acquire T-Mobile USA; the carrier will instead focus on a lawsuit brought against the merger by the Department of Justice, which is expected to begin in February. The FCC released a 109-page document that suggested it was not in favor of AT&T purchasing T-Mobile for a number of reasons, including an apparent failure on AT&T’s part to convince the FCC its T-Mobile USA acquisition would create new jobs.

BGR

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