They yank application from FCC but haven't given up on the deal
(NEWSER) - AT&T and T-Mobile have unexpectedly withdrawn their merger application from FCC consideration. While the move hints at trouble for the $39 billion deal, the companies say they’re not giving up, Politico reports. Instead, they’ll focus on getting approval from the Justice Department—either by winning an antitrust lawsuit against the proposed deal lodged by the department or through a settlement. Still, AT&T is, for the first time, acknowledging that things could go wrong for the deal. More»