Telecompetitor Arches

DoJ to Block AT&T Purchase of T-Mobile USA?

There are new rumors that the U.S. Department of Justice will definitely oppose the AT&T attempt to purchase T-Mobile USA. If the DoJ does not clear the deal on antitrust grounds, it is not yet clear what other alternatives might be available to craft a deal that would gain approval. More to follow.

Some observers in the past week had said the odds of approval had fallen to only 50-50. That smoke apparently indicates a fire.

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