• Weathermore
  • Live TrafficUS-59I-10610I-45Sam Houston Tollwaymore

AT&T No Longer Wants T-Mobile

Comments: 0  | Leave A Comment

via: businessweek.com

Dec. 20 (Bloomberg) — AT&T Inc.’s $39 billion bid to acquire Deutsche Telekom AG’s T-Mobile USA came to an end yesterday in a phone call between the companies’ chief executive officers, according to people familiar with the matter.

“They made an unprecedented move bidding on T-Mobile and appear to have miscalculated the risks and the regulatory opposition,” said Kevin Smithen, an analyst with Macquarie Capital USA Inc.

Read More

Join the Conversation! Share and Discuss!

Tags: » » » »

Comments

Follow

Get every new post delivered to your Inbox.

Join 983 other followers