Mobile

AT&T Sees Later Closing for T-Mobile Deal

Published on November 4, 2011
by Greg Bensinger

AT&T Inc. pushed back the expected closing dates for its proposed purchases of T-Mobile USA and a block of Qualcomm Inc. spectrum by as much as three months each as it battles regulatory scrutiny.

AT&T said in a regulatory filing it expects to close the $39 billion takeover of T-Mobile, a unit of Deutsche Telekom AG, by the end of next year’s first half. It had originally expected the deal to close by the end of March. The carrier said its purchase of Qualcomm’s spectrum should be closed by the end of next year’s first quarter, a change from its prior expectation for year-end.

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URL: http://allthingsd.com/20111104/att-sees-later-closing-for-t-mobile-deal/