Monday, December 12, 2011

DoJ seeks to postpone AT, T-Mobile court hearing; is deal dead in the water?

The US Department of Justice (DoJ) reportedly intends to file a motion this week that will see it postpone the court proceedings relating to its challenge to AT&T Mobility’s proposed USD39 billion acquisition of rival cellco T-Mobile USA. According to Dow Jones Newswires, DoJ lawyer Joseph Wayland has indicated that legal action against the controversial merger is no longer necessary, because the companies have formally withdrawn their application for approval by the Federal Communications Commission (FCC). Wayland said that the DoJ will either ask the federal court to stay the court proceedings, or simply withdraw its case until the companies once again attempt to seek approval with the FCC


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OVETEL DoJ seeks to postpone AT&T, T-Mobile court hearing; is deal dead in the water?

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