Deutsche Telekom said today it would be entitled to a breakup fee if AT&T's planned purchase of T-Mobile USA falls apart, refuting an earlier report that it could potentially end up with nothing.
Reuters, citing anonymous sources, reported yesterday that AT&T may be off the hook for paying a $6 billion breakup fee to Deutsche Telekom under certain conditions. But Deutsche Telekom said today that isn't the case.
"The story from Reuters misstated the facts," Deutsche Telekom representative Andreas Fuchs told CNET today. "The breakup fee was agreed to precisely to … Read more