Tuesday, August 16, 2011

AT&T Fires Back After Law Firm Tries To Block T-Mobile Deal Through Arbitration

court-rulingAT&T?s legal team probably didn?t have too restful a weekend. On Friday afternoon, the legal firm accidentally posted a partially redacted letter to the FCC revealing the original cost of its planned LTE build-out at $3.8 billion. That?s quite a difference from the $39 billion it would cost to achieve the same goal through a T-Mo acquisition, and many found the revelation incredibly suspect, enough so to possibly derail the merger. And if that wasn?t enough to start out the weekend, AT&T then had to file eight federal suits to keep a law firm from blocking the deal through arbitration.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/_EEJU0kVqps/

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