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AT&T: T-Mobile acquisition may take until mid-2012 to close

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Though AT&T initially expected its purchase of T-Mobile to take just a year to complete, the carrier now says it'll likely be three months longer than initially planned.

AT&T overshadows T-Mobile (fixed)
AT&T overshadows T-Mobile (fixed)

Though AT&T initially expected its purchase of T-Mobile to take just a year to complete, the carrier now says it'll likely be three months longer than initially planned. Given the $39 billion acquisition was first announced in March, that means AT&T is expecting the deal will take until sometime around mid-2012. Not at all unrelated: the Justice Department's lawsuit against the merger goes to trial February 13th.