Subject:::With AT&T/T-Mobile Deal in Jeopardy, Rivals Put Antitrust Lawsuits on Hold - Mobility TechZone MobilityTechzone eNewsletter
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Date: 12/14/2011
   

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December 13, 2011

With AT&T/T-Mobile Deal in Jeopardy, Rivals Put Antitrust Lawsuits on Hold

By Beecher Tuttle

In a widely expected move, AT&T (News - Alert) and two competing carriers have agreed to put their antitrust trials on hold while AT&T reevaluates its $39 billion proposed acquisition of Deutsche Telekom-owned T-Mobile. The motions filed Tuesday by AT&T and rivals Sprint (News - Alert) and C Spire were quickly approved by District Judge Ellen Segal Huvelle.


The move comes just one day after Huvelle granted the mutual request of AT&T and the Justice Department to delay their own looming antitrust lawsuit, originally scheduled for Feb. 13, hinting that the AT&T/T-Mobile merger in its current form may be dead.


AT&T said in a statement yesterday that it is “actively considering whether and how to revise our current transaction to achieve the necessary regulatory approvals... Read More

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