Tags: AT&T | T-Mobile

Justice Department May Shelve AT&T, T-Mobile Trial

Friday, 09 Dec 2011 01:40 PM

The Justice Department says it's going to ask to withdraw or postpone its antitrust case against the proposed merger between AT&T Inc. and smaller rival T-Mobile USA.

The companies withdrew their application for approval of the $39 billion deal with the Federal Communications Commission two weeks ago after the commission's chairman came out against it.

The companies have said they'll seek approval in a trial scheduled for February and file another FCC application later.

But a government lawyer has told the federal judge overseeing the case that there's "not a real transaction" until the companies file again with the FCC.

Judge Ellen Segal Huvelle told AT&T that she was concerned the company was "using" the court and wasting taxpayer resources.

She set a hearing for Thursday on whether to proceed.

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The Justice Department says it's going to ask to withdraw or postpone its antitrust case against the proposed merger between AT T Inc. and smaller rival T-Mobile USA.The companies withdrew their application for approval of the $39 billion deal with the Federal...
AT&T,T-Mobile
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2011-40-09
Friday, 09 Dec 2011 01:40 PM
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