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

December 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.

0 shares

Related Stories

Recommended for you

Electrode shape improves neurostimulation for small targets

April 24, 2018

A cross-like shape helps the electrodes of implantable neurostimulation devices to deliver more charge to specific areas of the nervous system, possibly prolonging device life span, says research published in March in Scientific ...

China auto show highlights industry's electric ambitions

April 22, 2018

The biggest global auto show of the year showcases China's ambitions to become a leader in electric cars and the industry's multibillion-dollar scramble to roll out models that appeal to price-conscious but demanding Chinese ...

After Facebook scrutiny, is Google next?

April 21, 2018

Facebook has taken the lion's share of scrutiny from Congress and the media about data-handling practices that allow savvy marketers and political agents to target specific audiences, but it's far from alone. YouTube, Google ...

Robot designed for faster, safer uranium plant pipe cleanup

April 21, 2018

Ohio crews cleaning up a massive former Cold War-era uranium enrichment plant in Ohio plan this summer to deploy a high-tech helper: an autonomous, radiation-measuring robot that will roll through miles of large overhead ...

How social networking sites may discriminate against women

April 20, 2018

Social media and the sharing economy have created new opportunities by leveraging online networks to build trust and remove marketplace barriers. But a growing body of research suggests that old gender and racial biases persist, ...

0 comments

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.