12/23/2011 01:21:11 PM EST
AT&T Announces It Is Ending Its Bid To Acquire T-Mobile
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LexisNexis® Antitrust Legal News
DALLAS - AT&T Inc. announced Dec. 19 that it is ending its bid to acquire T-Mobile USA Inc. from T-Mobile's parent Deutsche Telekom AG. The $39 billion deal, which would have merged the second and fourth largest mobile wireless telecommunications services providers with nationwide networks, was opposed by the U.S. Department of Justice and the Federal Communications Commission.
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