Sometimes you’ve just gotta throw in the towel. Per AppleInsider, AT&T has given up its efforts to buy carrier T-Mobile, citing opposition from federal regulators. A statement by AT&T says the company will take a pretax charge of US$4 billion that was stipulated in the agreement between the two carriers if the deal were dropped […]
Tag: Randall Stephenson
Wireless carrier AT&T has announced a definitive agreement to buy Deutsche Telekom’s American T-Mobile subsidiary in a cash and stock deal worth about US$39 billion, and giving the German carrier an 8% stake in AT&T. Per Yahoo, the two companies issued a press release outlining the terms of the deal, which has been approved by […]
AT&T executives stated recently that the wireless industry will likely eventually charge bandwidth-heavy users more for their data plans than those customers who use networks more sparingly, but added that the company in no rush to roll out its next-generation technology. Per MarketWatch, the comments came as part of a broad presentation by AT&T Chief […]