FCC Allows AT&T to Withdraw Its T-Mobile Merger Application

BusinessWeek - 30 Nov, 2011
Nov. 29 (Bloomberg) -- The Federal Communications Commission said it wouldn't contest AT&T Inc.'s withdrawal of the company's application to buy T-Mobile USA Inc. FCC staff made the announcement during a telephone briefing under ground ...

FCC report criticizes AT&T bid to take over T-Mobile

Los Angeles Times - 30 Nov, 2011
FCC staff report also says the deal would harm competition, bring higher prices and not meet the company's claims of greater high-speed Internet access and more jobs. An FCC report concludes that the combination of AT&T and T-Mobile would harm ...

FCC had 'questions of fact' on AT&T-T-Mobile deal

Sydney Morning Herald - 30 Nov, 2011
A report by the staff of the Federal Communications Commission says AT&T Inc. and T-Mobile USA provided flawed information to justify AT&T's planned $39 billion acquisition of its smaller rival. The report, released Tuesday, says the companies' ...

FCC Blasts AT&T Deal

Wall Street Journal - 30 Nov, 2011
WASHINGTONâ€"Federal regulators issued a stinging 109-page analysis of AT&T Inc.'s proposed $39 billion acquisition of T-Mobile USA, saying it would limit competition in virtually every US city and lead to higher prices ...

FCC Report Details Merger Shortcomings

New York Times - 30 Nov, 2011
By BLOOMBERG NEWS The Federal Communications Commission said it had allowed AT&T to withdraw an application to buy T-Mobile USA. Separately on Tuesday, the agency released a report that officials said outlined the $39 billion deal's shortcomings. ...

FCC allows AT&T to pull T-Mobile application

Financial Times - 30 Nov, 2011
The 109-page report on the proposal argues that AT&T's acquisition of T-Mobile USA, the fourth-largest US mobile operator, would not be in the public's interest because the merger would “substantially lessen competition”, ...

FCC report challenges AT&T's claims on T-Mobile deal

Washington Post - 30 Nov, 2011
The Federal Communications Commission said AT&T's internal analysis and past practices contradict the company's claims that its merger with T-Mobile would create jobs, according to an agency report released Tuesday. The FCC's 109-page document also ...

FCC Permits AT&T & T-Mobile to Withdraw Merger Application

Reuters - 30 Nov, 2011
The Federal Communications Commission announced Tuesday that it will allow AT&T and Deutsche Telekom to withdraw their application for AT&T's acquisition of T-Mobile, ending a week of speculation about the future of the case. ...

FCC Says AT&T Merger Plan Failed To Meet Public Interest

Wall Street Journal - 30 Nov, 2011
NEW YORK (Dow Jones)--AT&T Inc.'s (T) proposed $39 billion takeover of Deutsche Telekom AG's (DTEGY, DTE.XE) T-Mobile USA would diminish wireless-industry competition, lead to higher prices and result in ...

FCC Riles AT&T by Releasing Report on T-Mobile Merger

PCWorld - 30 Nov, 2011
The US Federal Communications Commission has allowed AT&T to withdraw its application to buy the mobile licenses owned by T-Mobile USA, as AT&T had requested, but the agency has also released a staff report that disputes many ...

FCC to let AT&T pull merger application

Reuters Canada - 30 Nov, 2011
WASHINGTON (Reuters) - Communications regulators released a staff report criticizing AT&T Inc's $39 billion plan to purchase T-Mobile USA, even though they agreed on Tuesday to let the companies withdraw their request for approval. ...

FCC to let AT&T pull merger application

Reuters - 30 Nov, 2011
WASHINGTON (Reuters) - The Federal Communications Commission granted AT&T Inc's request to withdraw its application for approval of its purchase of T-Mobile USA, an FCC official said on Tuesday. AT&T and T-Mobile USA owner Deutsche Telekom AG said last ...

FCC blasts AT&T for lies about T-Mobile merger

CNN - 30 Nov, 2011
AT&T CEO Randall Stephenson won't have an easy time getting the proposed T-Mobile merger through the FCC. NEW YORK (CNNMoney) -- The Federal Communications Commission on Tuesday blasted AT&T, ...

FCC had 'questions of fact' on AT&T-T-Mobile deal

CanadianBusiness.com - 30 Nov, 2011
By AP | November 29, 2011 NEW YORK (AP) â€" A report by the staff of Federal Communications Commission says the companies provided flawed information to justify AT&T's planned $39 billion acquisition of T-Mobile USA. The report, released Tuesday, ...

Summary Box: FCC staff questioned facts supplied by AT&T and T-Mobile USA to ...

Washington Post - 30 Nov, 2011
BAD DATA: The staff of the Federal Communications Commission issued a report saying that AT&T Inc. and T-Mobile USA provided flawed information to justify AT&T's planned $39 billion acquisition of T-Mobile. QUESTIONABLE DEAL: The report also found the ...

FCC releases damning report on AT&T/T-Mobile deal

Politico - 30 Nov, 2011
The FCC is allowing AT&T to withdraw its application to acquire T-Mobile and reapply at a later date. But in a blow to the company, the commission released a staff report that concludes the deal would cause huge job losses and eliminate a key wireless ...

FCC Report Questions AT&T/T-Mobile Deal's Broadband, Job Claims

Forbes - 30 Nov, 2011
The Federal Communications Commission released a report Tuesday that details for the first time the agency's objections to two important claims â€" broadband coverage and job creation â€" that AT&T and T-Mobile USA have been marshaling in support of their ...

Analysis: AT&T may struggle to find asset buyers

Reuters - 30 Nov, 2011
(Reuters) - AT&T Inc will struggle to find buyers for any asset sale big enough to salvage its $39 billion deal to buy T-Mobile USA, with most likely buyers Leap Wireless International Inc and MetroPCS Communications lacking the cash. ...

FCC to reveal its concerns with AT&T's T-Mobile deal

CNET (blog) - 30 Nov, 2011
AT&T suffered a minor blow to an already-hobbled campaign to acquire T-Mobile USA today, when the Federal Communications Commission decided that it would share its concerns about the deal ...

FCC allows AT&T to withdraw application to purchase T-Mobile

Los Angeles Times - 30 Nov, 2011
The Federal Communications Commission agreed to allow AT&T Inc. to withdraw its application for approval of its proposed $39-billion purchase of T-Mobile USA Inc. The agency also potentially dealt a further blow to the teetering telecommunications deal ...

FCC Allows AT&T to Pull T-Mobile Merger Application

PC Magazine - 30 Nov, 2011
The Federal Communications Commission on Tuesday said it will allow AT&T to withdraw its T-Mobile acquisition application from the commission. The FCC will also release a 109-page staff report of its findings; a copy of that data ...

AT&T May Shed 50% of T-Mobile Users to Gain IPhone Capacity

San Francisco Chronicle - 30 Nov, 2011
Nov. 29 (Bloomberg) -- AT&T Inc., under pressure from regulators over its bid for T-Mobile USA, may be willing to shed up to half of the target's customers to close the deal and gain control of assets including wireless spectrum, analysts said. ...

Tech wrap: AT&T to be allowed to pull T-Mobile application

Reuters Blogs (blog) - 30 Nov, 2011
The Federal Communications Commission will approve AT&T Inc.'s request to pull its application for approval of its $39 billion deal to acquire T-Mobile USA, the Wall Street Journal reported late Tuesday afternoon. US computer software company SAS ...

US FCC to let AT&T pull merger application-report

Reuters - 30 Nov, 2011
WASHINGTON Nov 29 (Reuters) - The US Federal Communications Commission planned to approve AT&T Inc's request to withdraw its application for approval of its acquisition of T-Mobile USA, the Wall Street Journal reported on Tuesday. ...

FCC to accept withdrawal of AT&T, T-Mobile merger

Washington Post (blog) - 30 Nov, 2011
The Federal Communications Commission is expected to accept the withdrawal of AT&T and T-Mobile's merger application Tuesday, clearing the way for the companies to concentrate on their separate antitrust battle with the Justice ...

Dish Network Urges FCC to Release AT&T, T-Mobile Findings

BusinessWeek - 30 Nov, 2011
Nov. 29 (Bloomberg) -- Dish Network Corp., a potential new US wireless provider, urged the Federal Communications Commission to publish the findings that led the agency to move against AT&T Inc.'s proposed purchase of ...

AT&T may sell off T-Mobile assets to gain approval for $39B merger

Computerworld - 30 Nov, 2011
Computerworld - AT&T could be negotiating to sell off as much as 40% of T-Mobile USA assets in an effort to to garner Department of Justice approval of its imperiled $39 billion acquisition of the Deutsche Telekom unit. ...

AT&T Seen to Shed 50% of T-Mobile Users for U.S. Approval, Added Capacity

Bloomberg - 30 Nov, 2011
People pass by a T-Mobile USA Inc. store in New York. Photographer: Stephen Yang/Bloomberg Nov. 28 (Bloomberg) -- Jennifer Fritzsche, an analyst at Wells Fargo Securities LLC, ...

AT&T Pulls Out All Stops To Get DoJ Approval For T-Mobile Buy

Forbes - 30 Nov, 2011
AT&T may be considering a bigger sale of T-Mobile's assets than had been initially anticipated in a bid to assuage the Department of Justice's (DoJ) concerns and salvage the $39 billion deal, as the company looks to pacify the DoJ before the court ...

AT&T in talks with Leap about divestitures: report

Reuters - 30 Nov, 2011
(Reuters) - AT&T is in talks with Leap Wireless International about a potential sale of some assets to the smaller operator in a last ditch effort to gain regulatory approval for AT&T's proposed T-Mobile USA purchase, according to a New York Times ...

 

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