AT&T extends date for T-Mobile deal to close

Facing lawsuits, the carrier now expects to finish the $39 billion merger in the first half of next year

AT&T has pushed back the expected date of its proposed US$39 billion merger with T-Mobile USA, saying now that the deal will close in the first half of 2012.

When it announced the deal in April, AT&T said it expected to get regulatory approval within 12 months. But a lawsuit by the U.S. Department of Justice and seven states, filed on Aug. 31, made that forecast unrealistic. The suit isn't even scheduled to go to trial until Feb. 13, 2012.

AT&T laid out the new timeline in a document filed with the U.S. Securities and Exchange Commission on Thursday.

The DOJ has argued that the merger would raise prices and stifle innovation by eliminating a low-price competitor. AT&T's plans have also come under attack from some consumer groups and from Sprint Nextel and C-Spire Wireless, a smaller mobile operator. Earlier this week, a federal judge allowed a lawsuit by Sprint and C-Spire to go forward. Those carriers argue that the merger would make it harder for them to acquire new types of handsets because of exclusive deals that a combined AT&T and T-Mobile could make.

Stephen Lawson covers mobile, storage and networking technologies for The IDG News Service. Follow Stephen on Twitter at @sdlawsonmedia. Stephen's e-mail address is stephen_lawson@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags mobilelegaltelecommunicationantitrustat&tsprint nextelU.S. Department of JusticeCarriers

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Stephen Lawson

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?