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AT&T drops $39B T-Mobile bid; 'duopoly' averted

December 19, 2011

LOS ANGELES (AP) -- AT&T Inc. is hanging up on its $39 billion bid to buy smaller wireless provider T-Mobile USA, nearly four months after the U.S. government raised concerns that the deal would raise prices, reduce innovation and give customers fewer choices....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_TEC_ATT_T_MOBILE?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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