Tags: AT&T | T-Mobile | Asset | Sales

WSJ: AT&T, T-Mobile Asset Sales Talks Go Cold

Monday, 19 Dec 2011 09:16 AM

Talks over potential asset sales as part of AT&T Inc.'s efforts to get approval of its $39 billion purchase of T-Mobile USA have gone cold, according to The Wall Street Journal.

Although AT&T could still try to fight the Department of Justice in court, alternatives to a full-blown merger are looking more likely, the WSJ said, citing people familiar with the matter.

Those options could include AT&T taking a stake in the smaller carrier or a joint venture to share network technology, the report said.

The Justice Department said on December 9 that it would seek to stay or dismiss its lawsuit to stop the deal, saying it was effectively dead without approval from telecommunications regulators.

AT&T and Deutsche Telekom's T-Mobile moved in November to withdraw their filing with the Federal Communications Commission to focus on the antitrust battle.

Both regulators have to give their blessing to the deal.

© 2017 Thomson/Reuters. All rights reserved.

   
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Talks over potential asset sales as part of AT T Inc.'s efforts to get approval of its $39 billion purchase of T-Mobile USA have gone cold, according to The Wall Street Journal. Although AT T could still try to fight the Department of Justice in court, alternatives to a...
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2011-16-19
Monday, 19 Dec 2011 09:16 AM
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