AT&T Merger Off

AT&T Officially Calls It Quits on T-Mobile Merger

AT&T Officially Calls It Quits on T-Mobile Merger

Moneybox
A blog about business and economics.
Dec. 19 2011 5:30 PM

AT&T Officially Calls It Quits on T-Mobile Merger

The betting's been heavily against the odds of the AT&T/T-Mobile merger ever going through since the FCC and DOJ both announced their opposition, but today comes the official news that AT&T is giving up the ghost.

Deutsche Telekom negotiated for a $4 billion divorce payment in case the takeover didn't work, so they're looking smart now. This still leaves us, however, with the question of what comes next since by all accounts Telekom has no desire to keep running T-Mobile one way or the other.