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Top 10 News Items 12/19-12/23: AT&T Ends Talks for T-Mobile USA;...

StreetInsider.com News Articles  Fri, 12/23/2011 - 15:34

Here is a recap of the top news items from this week on Wall Street: 1. Shares of AT&T (NYSE: T) rose more than 3 percent this week as the company announced the end of talks with Deutsche Telekom to acquire T-Mobile USA.

The company will record a $4 billion charge in the fourth quarter related to a break-up fee paid to Deutsche Telekom.

In addition to Sprint (NYSE: S) and Dish (Nasdaq: DISH), tower operators were also a winner amid the news. 2.

Shares of Oracle (Nasdaq: ORCL) plunged more than 11 percent on Wednesday after the company reported its first


 

AT&T Abandons T-Mobile Bid

Topix - Business News  Tue, 12/20/2011 - 00:08

Telecommunications giant AT&T Inc. pulled the plug on its proposed $39 billion T-Mobile USA takeover bid Monday after failing to convince federal regulators of antitrust concerns.


 

AT&T Drops Bid for T-Mobile

Broadcasting & Cable - Business and Deals News  Mon, 12/19/2011 - 16:50

FCC had signaled its unwillingness to approve the deal as it was proposed and the Justice...

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While T-Mobile eludes AT&T, Verizon buys up spectrum

Topix - Business News  Sun, 12/18/2011 - 17:51

Ding dong, sing the naysayers , AT&T's bid to buy T-Mobile is almost dead. We've been keeping an eye on the troubled $39 billion acquisitions crusade through the recent weeks.


 

Justice, AT&T agree to put off anti-trust trial

Topix - Business News  Mon, 12/12/2011 - 16:16

AT&T Inc. and the Justice Department agreed Monday to put off their upcoming antitrust trial over the phone company's proposed acquisition of smaller rival T-Mobile USA while the wireless carriers determine the fate of the deal.


 

AT&T slams FCC report on T-Mobile merger

Topix - Business News  Thu, 12/01/2011 - 12:51

AT&T Inc. blasted the Federal Communications Commission on Thursday for compiling what it called an unfair and biased report on what would happen if AT&T were allowed to buy T-Mobile USA.


 

AT&T Issues Scathing Response to FCC Report

Digg - Business & Finance  Thu, 12/01/2011 - 10:55

AT&T has issued a scathing letter in response to the FCC's decision to release a staff report on its findings surrounding AT&T's planned merger with T-Mobile


 

AT&T May Sell Off T-Mobile Assets to Gain Approval for $39B Merg...

Topix - Business News  Wed, 11/30/2011 - 02:35

Computerworld - AT&T could be negotiating to sell off as much as 40% of T-Mobile USA assets in an effort to to garner Department of Justice approval of its imperiled $39 billion acquisition of the Deutsche Telekom unit.


 

AT&T: It's all about the dividend

Topix - Business News  Mon, 11/28/2011 - 17:18

Ma Bell's plan to buy T-Mobile may still technically be on life support. But make no mistake, AT&T's stock looks pretty dead.


 

AT&T Threatens to Sue FCC If Agency Ignores T-Mobile Pullout

Topix - Business News  Fri, 11/25/2011 - 16:54

AT&T and T-Mobile parent Deutsche Telekom AG withdrew their FCC applications yesterday after agency Chairman Julius Genachowski asked fellow commissioners on Nov.