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Tag: T-Mobile

August 31, 2011 | 8:02 am

Justice Dept. Blocks AT&T Acquisition of T-Mobile

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(AP) The Justice Department is blocking AT&T’s $39 billion deal to buy T-Mobile USA, saying the acquisition of the No. 4 wireless carrier in the country by No. 2 AT&T would reduce competition and raise prices. The deal has faced tough opposition from consumer groups and No. 3 carrier Sprint since it was announced in […]

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