AT&T has given up. The company has officially withdrawn its plans to acquire rival wireless provider T-Mobile. As part of the agreement, AT&T will be paying handsomely for its failure to convince the government — to the tune of a $4 billion in breakup fees to Deutsche Telekom. In a statement, AT&T defiantly stood by [...]
Source: http://www.geek.com/articles/mobile/att-throws-in-the-towel-on-t-mobile-merger-20111219/
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