Friday, May 13

AT&T Asks for $6 Billion for T-Mobile to Break

AT&T will be making Deutsche Telecom pay $6 Billion as a break-up fee if T-Mobile does not agree to accept the $39 Billion purchase of T-Mobile USA. If AT&T gets a hold of the company, it will become the No. 1 US mobile service, surpassing Verizon Wireless. This 15.4% break-up fee will be the most expensive one on record. It seems like AT&T is doing everything it can to acquire the company, for economical reason, apparently.

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