Wednesday, November 25, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic's CX Ultra HD Smart TVs Bring 4K Closer To Home
New LG Ray Smartphone Focuses On Photo Shooting
HP Profit Lower Than Expected
Police Arrests Fifth Suspect In TalkTalk Hack Investigation
Toshiba Develops Fast 3D Metal Printer
ECS LIVA X2 Mini PC Runs Windows 10
Memory-Tech Ready To Start Mass Production Of UHD Blu-ray Disc
New Nokia 230 and Nokia 230 Dual SIM Phones Coming Next Month
Active Discussions
roxio issues with xp pro
How to back up a PS2 DL game
Copy a protected DVD?
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > AT&T an...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, November 24, 2011
AT&T and Deutsche Telekom Withdraw FCC Applications

Deutsche Telekom and AT&T withdrew their application for approval by the Federal Communications Commission of a planned $39 billion deal for T-Mobile USA to focus on obtaining the green light from the Department of Justice.

After the Federal Communications Commission (FCC) on November 22 announced that it is circulating a proposed order that would designate the sale of T-Mobile USA to AT&T for hearing, both Deutsche Telekom and AT&T today withdrew the pending applications regarding the sale of T-Mobile USA. The pending applications are listed in the Public Notice released by the Federal Communications Commission on April 28, 2011 in that proceeding. The companies say that they are continuing to pursue the sale of T-Mobile USA to AT&T.

"This formal step today is being undertaken by both companies to consolidate their strength and to focus their continuing efforts on obtaining antitrust clearance for the transaction from the Department of Justice," the companies said in a statement. "As soon as practical, Deutsche Telekom and AT&T intend to seek the necessary FCC approval."

In addition, AT&T has announced it expects to recognize a pretax $4 billion accounting charge to reflect the potential break up fees due to Deutsche Telekom in the event that the transaction does not receive regulatory approval.

The U.S. Department of Justice went to court in August to oppose AT&T's purchase of T-Mobile from Deutsche Telekom on antitrust grounds. A trial in that case is due to begin on February 13.

Microsoft Moves Closer To Yahoo        All News        Nokia Applies For Delisting From Frankfurt Stock Exchange
Samsung Launches Wave 3 in Global Markets     Mobiles News      Nokia Applies For Delisting From Frankfurt Stock Exchange

Get RSS feed Easy Print E-Mail this Message

Related News
T-Mobile Will Let You Stream Netflix Without Using Up Your Data
T-Mobile Offers You A Personalized 4G LTE Tower
T-Mobile Customers Exposed in Experian Breach
Get An iPhone 6s for $5 Under T-Mobile's Trade-in Plan
T-Mobile to Pay $17.5 Million to Resolve 911 Outage Investigation
T-Mobile 'JUMP! On Demand' Plan Lets You Chnage Your Phones three Times A Year
Dish To Merge With T-Mobile: report
T-Mobile And Blackberry Make Peace, BlackBerry Classic Now Available
T-Mobile Allows Verizon Clients To Test Its Network
T-Mobile Unleashes Simple Plans For Businesses, Consumers
T-Mobile to Pay $90 Million To Settle Case With FCC
T-Mobile Lets You Roll Forward Your Unused Data

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .