AT&T’s planned purchase of carrier T-Mobile hit a snag on Wednesday when the U.S. government filed an antitrust lawsuit to block the proposed deal, saying it would hurt competition in the American wireless industry.
Usually these sorts of mergers are just rubber stamped. There must be a lot of distrust about ATT claims for this merger.
The fact that ATT claimed that the merger would help competition might have been part of that. I wonder how many jobs ATT is planning on terminating if the deal goes through?
I’m sure this will all be negotiated out. T-Moble wants to be bought so I expect this to work its way out to ATT’s benefit.