Justice Department to postpone or dismiss case against AT&T

[DaMan]

<center><a href="http://www.bgr.com/2011/12/09/justice-department-to-postpone-or-dismiss-case-against-att"><img class="size-full wp-image-115909 aligncenter" title="Usdepartmentofjustice" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/12/Usdepartmentofjustice.jpg" alt="" width="652" height="434" /></a></center>

The Justice Department intends to file a motion next week to delay or dismiss its lawsuit against AT&T’s planned acquisition of T-Mobile USA. The DOJ originally <a href="http://www.bgr.com/2011/08/31/u-s-government-sues-to-block-att-t-mobile-merger/">sued AT&T to block the deal in August</a>, and AT&T soon after decided to <a href="http://www.bgr.com/2011/11/29/att-granted-approval-to-withdraw-t-mobile-merger-application-from-fcc/">pull its merger application from the FCC</a> to instead focus on the suit. In light of the withdrawal of AT&T’s merger application, however, the DOJ seemingly no longer has cause to sue. ”It’s not a real transaction until they file with the FCC,” Wayland told Judge Ellen Huvelle according to <em>Reuters</em>. With that, it looks we’re now watching at a giant game of cat and mouse. AT&T CEO Randall Stephenson recently said that U.S. regulators don’t understand the wireless industry enough to see the benefits of its proposed T-Mobile USA purchase. Earlier Friday he <a href="http://www.bgr.com/2011/12/09/att-ceo-says-blocking-t-mobile-merger-will-increase-wireless-prices">said in an interview</a> that ”regulators can’t keep up with the changes in the industry” and that blocking the merger will increase wireless prices for U.S. consumers.<span id="more-115904"></span>

<a href="http://www.reuters.com/article/2011/12/09/us-tmobile-att-antitrust-idUSTRE7B81ET20111209">Read</a>

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Via BRG - Boy Genius Report