AT&T to take $4 billion charge to cover possible T-Mobile breakup fee

Started by InfoGuru, Nov 26, 2011, 03:02 AM

InfoGuru

Following FCC chairman's show of opposition to AT&T's proposed buy of T-Mobile, AT&T says it will take fourth-quarter charge to cover possible breakup fee, and withdraws application to agency. But the pending deal's not dead just yet.

Attribution: CNET, ECTNews and TechCrunch.