Sprint Nextel and C-Spire today agreed with AT&T to hold off on their lawsuit until AT&T has a chance to re-evaluate its options, following similar steps taken by the Department of Justice yesterday.
Sprint and the regional wireless carrier have sued to block AT&T's proposed acquisition of T-Mobile USA, drafting behind the larger--and more relevant--Justice Department lawsuit. But with AT&T reconsidering its strategy, Sprint and C-Spire have agreed to a delay until January 18.
The actions kicked off on Thanksgiving, when AT&T withdrew its merger application from the Federal Communications Commission. … Read more