AT&T suffered a minor blow to an already-hobbled campaign to acquire T-Mobile USA today, when the Federal Communications Commission decided that it would share its concerns about the deal.
The FCC plans to release a staff report detailing the concerns, according to The Wall Street Journal. AT&T did, however, win approval from the FCC to withdraw its application for the $39 billion acquisition.
The decision comes after AT&T on Thursday opted to withdraw the application and take a $4 billion charge to cover the possibility that the deal falls apart. The move sparked a … Read more