AT&T Drops Bid for T-Mobile

AT&T is dropping its bid to acquire T-Mobile USA from Deutsche Telekom. The company still contends that:

The AT&T and T-Mobile USA combination would have offered an interim solution to this spectrum shortage.  In the absence of such steps, customers will be harmed and needed investment will be stifled.

Read the full press release here.

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December 19, 2011 at 9:00 pm, John said:

The merger would not have produced more bandwidth, rather it would have taken t mobile bandwidth away from its customers, nor would have created jobs.

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