twice connect
careers

AT&T, T-Mobile ‘Evaluating All Options'

12/13/2011 08:46:46 AM Eastern

Dallas -
AT&T's proposed acquisition of T-Mobile could be headed for a major
revision now that a U.S. district court judge approved a request by AT&T
and the Justice Department to postpone an antitrust trial sought by the
department to prevent the deal.

AT&T said it
sought the postponement to allow it and T-Mobile to "evaluate all options."

In a written
statement, AT&T said, "We are actively considering whether and how to
revise our current transaction to achieve the necessary regulatory approvals so
that we can deliver the capacity enhancements and improved customer service
that can only be derived from combining our two companies' wireless
assets."

AT&T is
"committed to working with Deutsche Telekom to find a solution that is in the
best interests of our respective customers, shareholders and employees," the
carrier added.

The judge approved
a motion to cancel a scheduled February trial and set up a Jan. 18 hearing on
the future of the case.

AT&T and
T-Mobile withdrew their application for approval from the Federal
Communications Commission (FCC) three weeks ago after an
FCC staff report
blasted the deal as anticompetitive but before the commission
could vote on a proposal by the FCC chairman to send the matter to an
administrative law judge for further review. By law, the FCC could approve the
merger with or without conditions but could not deny it outright without giving
it the additional hearing.

Sprint Nextel has
also filed its own antitrust lawsuit following August's filing of a lawsuit
by the Department of Justice
  to
block the merger.

Under the current
terms of the merger agreement between AT&T and T-Mobile, AT&T must pay
T-Mobile $3 billion in cash and give the carrier $1 billion is spectrum if the
deal doesn't go through.

PHOTOS
ProSource Meeting Filled With Optimism

San Antonio — Optimism reigned at ProSource’s

Ingram Draws 500 To Spring Vendor Expo

Scottsdale, Ariz. — Ingram Micro Consumer

CEA Holds ’14 Digital Patriots Dinner

Washington — CEA held its annual Digital Patriots’

8 Technology Accessories For a Greener Earth

An Earth Day review of Earth-friendly products, by

BrandSource Shows Diverse Product Selection

BrandSource’s Summit show at the Marriott World

Scenes From Toy Fair

By Lisa Johnston

ADL Honors Morales, Bilas, Paull, Weedfald At Annual Dinner

New York — The Anti-Defamation League’s National