Friday, December 9, 2011

Justice Department to postpone or dismiss case against AT&T

The Justice Department intends to file a motion next week to delay or dismiss its lawsuit against AT&T’s planned acquisition of T-Mobile USA. The DOJ originally�sued AT&T to block the deal in August, and AT&T soon after decided to pull its merger application from the FCC to instead focus on the suit. In light of the withdrawal of AT&T’s merger application, however, the DOJ seemingly no longer has cause to sue.�”It’s not a real transaction until they file with the FCC,” Wayland told Judge Ellen Huvelle according to Reuters. With that, it looks we’re now watching at a giant game of cat and mouse. AT&T CEO Randall Stephenson recently said that U.S. regulators don’t understand the wireless industry enough to

Source: http://www.bgr.com/2011/12/09/justice-department-to-postpone-or-dismiss-case-against-att/

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