Sprint, C Spire agree with AT&T to postpone suits

Dec 13, 2011 By NEDRA PICKLER , Associated Press

(AP) -- AT&T Inc. and two of its rivals have agreed to postpone their lawsuits over AT&T's acquisition of T-Mobile USA now that the $39 billion deal is in jeopardy.

A federal judge quickly approved motions filed jointly Tuesday morning by AT&T and Sprint Nextel Corp., the nation's third-largest cell phone company, and a smaller phone company, C Spire Wireless, to cancel proceedings in their suits to stop the T-Mobile deal.

On Monday, AT&T and the Justice Department agreed to cancel the anti-trust trial scheduled for February while the wireless carriers determine the fate of their proposed merger, which has come under increasing government criticism that it would reduce competition and raise consumer prices.

Dallas-based AT&T says it is considering along with T-Mobile parent Deutsche Telekom AG of Germany whether to revise the plan to win regulatory approval.

Explore further: Yik Yak's frat-bro founders shrug off growing pains

0 shares

Related Stories

Recommended for you

Yik Yak's frat-bro founders shrug off growing pains

6 hours ago

The most popular post of all time on Yik Yak is a dirty joke. Less than 2 years old, the Atlanta-based social network is geared mostly toward college students who access and post unsigned announcements through an app on their ...

Uber drivers fined in Hungary

May 24, 2015

The Hungarian tax authority fined Uber drivers in its first probe against the ride-sharing service which the economy ministry said Saturday "ignores passenger safety" and must be made to follow regulations.

Domino's taking orders via tweet

May 22, 2015

Domino's on Wednesday launched perhaps the easiest way to satisfy a pizza craving this side of mind reading: order by tweet.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.