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AT&T may drop T-Mobile merger

Telecom giant deciding whether to revise its transaction proposal

For the first time since a wrench had been thrown into AT&T’s plan to acquire T-Mobile, the communications giant is considering scrapping the whole $39 billion idea.

On Monday, at the request of both AT&T and the Department of Justice (DOJ), a district judge in Washington, D.C., agreed to postpone the government’s proceedings to challenge the merger in an effort to give the company more time to evaluate its options. In a statement, AT&T said, "We are actively considering whether and how to revise our current transaction to achieve the necessary regulatory approvals.”


Cathleen Flahardy

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