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AT&T prepares for T-Mobile deal collapse

Mobile giant announces it will take $4 billion charge if takeover falls through

AT&T announced last week that it would take a $4 billion charge if its plans to takeover T-Mobile fall apart.  The announcement indicates the U.S. telecom giant recognizes that pressure from regulators is seriously harming its chances for approval of the deal. The company also has withdrawn its application to industry regulators.

"AT&T Inc. and Deutsche Telekom AG are continuing to pursue the sale of Deutsche Telekom's U.S. wireless assets to AT&T," both companies said in a Nov. 24 statement.


Cathleen Flahardy

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