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12/23/2011 01:21:11 PM EST

AT&T Announces It Is Ending Its Bid To Acquire T-Mobile

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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. Full story on lexis.com