Tuesday, December 20, 2011

The AT&T/T-Mobile Merger Is Dead

It's official, AT&T has ended his bid to acquire T-Mobile USA. I had some doubts that the deal would have difficulties going through the Feds approval back in March. The $4B break-up fee might be bad news for AT&T but I'm more concerned about how T-Mobile is going to recover from the deal. I'm pretty sure they have been hemorrhaging subscribers leading to the FCC decision and the announcement won't help bring new users.