AT&T Will Fight for Its Right to T-MoStacey Higginbotham
After the Justice Dept. surprised pretty much everyone by suing to stop AT&T from acquiring T-Mobile, the nation’s No. 2 carrier isn’t taking defeat lying down. It has vowed to fight the suit in a statement released this morning. That in itself is unusual; generally when the Justice Dept. says no, companies walk away from their deal (such as when Direct TV walked away from DISH in 2002). But with $3 billion in cash and about $3 billion worth of spectrum on the table, AT&T is ready to fight.
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