Monday, December 12, 2011

AT&T asks judge to stay T-Mobile merger court proceedings until January 18th (update: granted)

AT&T asks judge to stay T-Mobile merger court proceedings until January 18th (update: granted)

Just last week, the US Department of Justice indicated its desire to dismiss the lawsuit it filed to stop the union of AT&T and T-Mobile because of Ma Bell's withdrawal of the merger's FCC application. It looks like that's given the telco plenty more issues to ponder, so now it's asking Judge Huvelle to postpone further antitrust court proceedings until January 18. The folks at AT&T need the extra time to "evaluate all options" and "revise our current transaction to achieve the necessary regulatory approvals" for the merger.

Engadget, AT&T asks judge to stay T-Mobile merger court proceedings until January 18th (update: granted)

No comments:

Post a Comment