AT&T abandons its buyout of T-Mobile

[thewayne]

They are continuing their cry about there not being enough spectrum, one might think that it would be better to study ways to use that spectrum better, perhaps through signal compression? At any rate, it will be interesting to see what happens long-term as there are doubts as to T-Mobile's survivability, though the $3+ billion that AT&T has to pay since they failed will certainly help. I was so amused by the studies that showed it would be cheaper for AT&T to expand their network than to buy T and try to integrate their incompatible frequencies.

It was nothing more than an attempt to eliminate a competitor. Corporate greed at its finest.

http://www.wired.com/epicenter/2011/12/att-tmobile-merger-ends/

http://mobile.slashdot.org/story/11/12/19/223231/att-officially-ends-plans-to-acquire-t-mobile-usa

Comments

[silveradept]

And then there would have been the regulators to try and wrangle. Not that they would have put up much of a fight, but they still might have been stiff-spined this one time.