AT&T, Deutsche Telekom Have Joint Venture Plan in the Wings
AT&T and T-Mobile USA parent company Deutsche Telekom are considering whether or not it would work for the two companies to form a joint venture -- instead of merge -- reports the Wall Street Journal. Citing sources familiar with the companies' plans, the Journal says that discussions of a joint venture, which would have the two wireless network operators pool resources, are in preliminary stages and being reserved as a back-burner plan to be used only if the deal falls apart. The Journal's sources did not provide specifics on how such a joint venture would work. AT&T hopes to buy T-Mobile USA so it can use the company's spectrum for its planned Long Term Evolution 4G network. The Department of Justice has filed a lawsuit to block the acquisition, which AT&T intends to fight.
|Negativity is contagious||Vmac39||
|This is one problem with being predictable.||Slammer||
|a JV could be the ideal litmus test...||WiWavelength||
|ATT wants it and DT wants to sell it.||vvelez||
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