20 December, 2011

CNN Breaking News

AT&T has ended its $39 billion bid to acquire T-Mobile USA from Deutsche Telekom amid antitrust concerns.

AT&T had been scrambling for weeks to save the proposed deal, which would have made it by far the most dominant U.S. wireless carrier.

AT&T pulled its Federal Communications Commission application last month after the regulator came out in opposition to the merger and prepared to call for a potentially nasty public hearing.

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