AT&T ends $39 billion bid to acquire T-Mobile USA
AT&T has announced end of its $39 billion bid to acquire T-Mobile USA from Deutsche Telekom amid anti-trust concerns.
AT&T Inc. and Deutsche Telekom AG have entered into a definitive agreement under which AT&T will acquire T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction currently valued at approximately US$39 billion.