Tuesday 5 November 2024
 
»
 
»
Story

US files to block AT&T purchase of T-Mobile

Washington, August 31, 2011

The Obama administration on Wednesday filed to block AT&T's proposed acquisition of wireless rival T-Mobile USA because of anticompetitive concerns, two sources familiar with the matter said.

A Justice Department spokeswoman declined to comment as did a spokesman for AT&T.

Blocking the combination on antitrust grounds would be a big blow to the telecommunication giant's expansion plans.-Reuters




Tags: US | AT&T | Purchase | Block | T-Mobile |

More INTERNATIONAL BUSINESS Stories

calendarCalendar of Events

Ads