The Department of Justice recently filed a lawsuit against AT&T in an effort to block its planned acquisition of T-Mobile USA, but that has not stopped 100 lawmakers from signing a letter pushing the government to settle the suit and approve the merger. Interestingly, 99 of the House Republicans who signed the letter have accepted …
AT&T will pay T-Mobile $3 billion in cash, a $1 billion roaming agreement, and $2 billion in spectrum if the Federal Communications Commission and the Department of Justice reject AT&T’s proposed $39 billion acquisition of T-Mobile. The agreement’s 15% breakup fee would shatter global records, Reuters said, noting that the 7.7% breakup cash agreement is …
Looking to assuage the previously expressed concerns of some lawmakers, Chinese telecom juggernaut Huawei is asking for a formal U.S. government investigation into its businesses. Huawei is looking to sell its equipment to United States companies, but has been met by heavy political headwinds. Our company is asking for this investigation “in an effort to reach a …
