AT&T Pulls Out of T-Mobile Deal

Tuesday, 20 December 2011 | by Pat's Picks

AT&T has hung up on T-Mobile says the Wall Street Journal. Apparently, AT&T just couldn’t come up with a plan that would satisfy anti-trust officials at the Justice Department, who argued a deal between the country’s number two phone carrier and its number four phone carrier, would leave customers paying higher prices.

SOURCE: Wall Street Journal