AT&T Faces Penalty If T-Mobile Deal Falls Through
AT&T today outlined terms of its deal with Deutsche Telekom that would kick in if the deal to buy T-Mobile USA falls through, for example if the government nixes the deal or imposes terms unacceptable to AT&T. AT&T would owe T-Mobile $3 billion, plus the transfer of AWS spectrum licenses that are "not critical" to AT&T's initial LTE deployment, were it to go it alone. The company would also be required to accept a roaming deal for areas where AT&T provides coverage but T-Mobile does not, ensuring that T-Mobile's coverage will improve to match AT&T's whether the deal goes through or not.
more info at D »
|I think AT&T entered this agreement on purpose.||Cellular Phone||
|hope it fails||flip mode||
|Props to T-Mobile||lh1031||
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