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AT&T – Pulls out of T-Mobile Deal
12/20/2011
By PJLouis
Tags: AT&T, Deutsche Telekom, T-Mobile, wireless, Sprint, Verizon

http://online.wsj.com/article/SB10001424052970204791104577108900032431264.html?mod=WSJ_hp_LEFTTopStories

 

AT&T has pulled out of its T-Mobile Deal.  This is a victory for consumers.

My suggestion to Deutsche Telekom is: Finder another buyer(s).  T-Mobile assets may need ot be sold off to enable a carrier like Sprint to acquire parts of T-Mobile’s business.

I need to digest the news for now.

I wonder what is going to happen to the AT&T employee who negotiated the $3B payout to DT for the failed acquisition.
One thing is for sure:  DT just made a $3B killing.
PJLouis PJLouis
12/20/2011