AT&T blows acquisition of T-Mobile USA off

AT&T has the planned acquisition of the Us T-Mobile parent company Deutsche Telekom is officially cancelled. That means that the American telco in the amount of $ 3 billion to T-Mobile must pay.

In a statement let AT&T know that the FCC and the U.s. government the reason of the failure of the acquisition. The American telecomautoriteit wanted to no permission to give. In addition, recently the U.s. department of Justice lawsuit, and the deal eventually is afgeketst. AT&T is now trying to its capacity to expand through unused telecomspectrum of Qualcomm to take over. Also, this acquisition should the FCC be approved.

With the planned acquisition of T-Mobile was an amount of 39 billion dollars involved. Now the deal is failed must be AT&T 3 billion dollars to pay to the parent company Deutsche Telekom. Also, it leads to a 1 billion dollar loss by the lack of telecomspectrum. If the acquisition had gone would AT&T with the customer base of T-Mobile is the largest provider of the United States have become.

A month ago put AT&T are overnameplannen all in the wait, because of the blockade of the U.s. government. When stressed to the provider that it expected the acquisition at a later stage yet to be able to complete. Nevertheless, AT&T is already a post of $ 4 billion recorded for the fourth quarter of this year to the loss cover.