AT&T's Hail Mary That Might Save the T-Mobile Merger

Illustration for article titled ATTs Hail Mary That Might Save the T-Mobile Merger

The AT&T-Mobile merger is cooked, basically. Yesterday's turkey. AT&T's withdrawing the deal's application to the FCC and is looking at throwing Kardashian-sized $4 billion at the breakup fee. But wait! According to the New York Times, AT&T's got a secret, last-ditch plan to save the merger.

The Times says that AT&T is in talks with Leap Wireless to sell the smaller carrier big chunks of T-Mobile's customer base and some of its wireless spectrum. The notion isn't a new one—we'd heard back in September that AT&T was considering selling off 25 percent of T-Mobile to try to slip past the FCC—but this 11th hour deal puts a face to it.

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Will it work? Well, it doesn't look good. But AT&T's too far down the rabbit hole to turn back now. [NY Times]

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DISCUSSION

knightzhaven-old
KNIGHTZHAVEN

Too many AT&T haters that have no clue what they are talking about. Have you even been to an AT&T store recently? Or even a Verizon store? They are bending over backwards to help people and cut deals. There is a bigger picture to merging companies. First and foremost... better service. With the competition so strong in the telcom industry... everyone is doing everything they can to get a piece of the pie.