AT&T fighting to save T-Mobile deal
AT&T is prepared to offer the government some concessions in an effort to salvage its $39 billion deal to acquire T-Mobile, according to a story out today from Reuters.
The carrier has been trying to convince federal regulators and other skeptics that a merger with T-Mobile wouldn't be anti-competitive as some claim and would in fact provide benefits to consumers.
But federal agencies scrutinizing the deal are proving a hard sell, with the Federal Communications Commission dragging its heels on a decision and the Department of Justice on Wednesday filing an antitrust lawsuit aiming to block the merger.… Read more