AT&T and Deutsche Telekom announced early in 2011 an agreement to transfer ownership of T-Mobile USA in a $39 bilion deal. This proposed merger of two of the biggest US carriers would have created a de facto GSM monopoly for AT&T, which is why it was subjected to intense scrutiny from the likes of the FCC and Department of Justice.After much wrangling with the regulators, AT&T finally relented in December 2011, putting an end to a saga of sometimes comical, oftentimes absurd arguments by paying Deutsche Telekom a $4b settlement fee due to the non-completion of the merger. That amount includes $3 billion in cold hard cash and $1b in spectrum allocation.
The FCC has finally approved the spectrum transfer that was part of a $4 billion breakup fee that AT&T promised to T-Mobile if the companies failed to merge.
T-Mobile is apparently looking to do whatever it can in order to raise enough money to continue on as an independent entity. In addition to massive job cuts, Bloomberg reports that the company intends to sell a large number of cell towers, as many as $3 billion worth, as quickly as possible.
AT&T has blasted the FCC today for failing to approve its acquisition of T-Mobile USA after T-Mobile's announcement of layoffs earlier in the week.
AT&T posts $6.7b loss despite record-setting smartphone sales in Q4 2011: 7.6m iPhones sold, Android sales growing
AT&T just posted a $6.7b loss for Q4 2011, mostly due to the failed T-Mobile buyout — but smartphones sales set a record at 9.4m with 7.6m iPhones sold.
a map created by reader Andrew Shepherd of exactly where that spectrum will be. AT&T dropped large blocks in California, Arizona, and the Seattle are
AT&T and T-Mobile have entered an application to the FCC to approve the transfer of $1 billion worth of AWS spectrum to the number-four US wireless carrier. The transfer should tie up the remaining loose ends following AT&T's bid to purchase T-Mobile, which was called off in mid-December.
Deutsche Telekom says there's "no Plan B" regarding its intentions for T-Mobile USA in the wake of AT&T's failed takeover bid.
Deutsche Telekom now is detailing the consolation prize it's getting from AT&T in the aftermath of its failed acquisition of T-Mobile.
AT&T has pulled out of its $39 billion bid to take over T-Mobile USA from Deutsche Telekom.
AT&T's negotiations for selling off assets in aid of its proposed T-Mobile takeover have cooled off, reports the WSJ.
AT&T and Deutsche Telekom have formally requested a stay in its court hearings with the Department of Justice over their proposed T-Mobile deal until January 18th of next year.
The Department of Justice has told a federal judge today that it would like court proceedings in its bid to stop an AT&T / T-Mobile merger to be delayed.
Speaking at a UBS conference today, AT&T sounds as intent as ever to get its acquisition of T-Mobile USA approved.
The FCC has taken to Twitter today to express concern with AT&T's rebuttal to its staff report regarding the proposed merger with T-Mobile USA.
AT&T has blasted the FCC in a new statement rebutting the Commission's report on AT&T's proposed purchase of T-Mobile from Deutsche Telekom.
The Wall Street Journal is reporting this afternoon that AT&T is talking to T-Mobile parent Deutsche Telekom about a possible joint venture should its acquisition proposal ultimately fail.
AT&T's Jim Cicconi has released a response to the FCC's findings on its proposal to take over T-Mobile USA from Deutsche Telekom.
We take a closer look at the FCC's response this week to AT&T's proposal to buy T-Mobile USA from Deutsche Telekom.
The Wall Street Journal is reporting that the FCC is prepared to allow AT&T to withdraw its proposed $39 billion acquisition of T-Mobile USA
The New York Times says AT&T is considering selling a big chunk of customers and spectrum to Leap Wireless in order to get regulatory approval of its proposed merger with T-Mobile.
A Bloomberg report this afternoon claims that AT&T is preparing a new proposal for the FCC that would see it acquire T-Mobile with as much as 40 percent divestiture.
AT&T and Deutsche Telekom have withdrawn their application for approval from the FCC after the regulatory agency decided that a formal administrative hearing was required to assess the public benefit of their proposed merger of US assets. The move has been described as an effort to open up and reassess all options, however AT&T is also choosing to take a $4 billion charge on its Q4 2011 accounts just in case the takeover doesn't go through.
The FCC will request a formal administrative hearing on the AT&T and T-Mobile merger after the DOJ's antitrust lawsuit is done.
In spite of having only launched its LTE network a few weeks ago, AT&T is already looking forward to the deployment of even faster networking technology. AT&T Labs head Krish Prabhu has expressed his company's intention to deploy LTE-Advanced in 2013.