In an order signed on Monday, Judge Ellen S. Huvelle of the United States District Court in Washington, has asked the Justice Department, AT&T and Deutsche Telekom, the parent company of T-Mobile USA, to file the joint plan by the due date and has ordered that the parties shall be prepared to discuss the prospects for settlement at a Sept. 21 status conference, according to reports.
The judge assigned to the federal antitrust case that seeks to undo the $39 billion takeover of T-Mobile USA by AT&T wants all parties to appear on Sept. 21.
In yet another lawsuit against AT&T and T-Mobile, Sprint filed Tuesday its own in an attempt to block AT&T from acquiring T-Mobile.
Apple iPhone 5 is grabbing attention from all corners as the consumer electronics major is prepping for a bigger iPhone market in the second half of the year. The iPhone 5 production rumors and the reported loss of a sensitive prototype have fueled release date rumors.
Sprint Nextel filed its own lawsuit on Tuesday in an effort to derail a $39 billion deal that could have ATT&T take over T-Mobile. Sprint believes the merger could harm consumers and stifle competition.
Sprint argues that the proposed takeover would harm retail consumers and corporate customers by causing higher prices and less innovation.
Sprint Nextel, the No.3 U.S. wireless carrier, filed a civil suit Tuesday to block the $39 billion takeover of T-Mobile USA by AT&T alleging it would “harm consumers” by stifling completion and innovation.
AT&T must pay a hefty break-up fee to Deutsche Telekom, the owner of T-Mobile USA, the German company said. Last week, the U.S. Justice Department filed to block the $39 billion deal.
Samsung is facing too much of competition from other Android smartphone makers. The most-awaited Samsung's flagship Galaxy S2 has made it to the United States, quelling anticipation, but some contenders are there to spoil its party.
Samsung Celox could prove to be a potential ‘iPhone killer’ and create major problems for the Apple-made smartphone this fall.
AT&T's embarrassing debacle of pursing a merger with T-Mobile USA and posturing like federal regulatory approval was a given is public evidence of what others have quietly mused behind the scenes for some time -- that the telecommunications company is facing big internal problems.
AT&T was expected to soon present a two-track plan that allows the company to try to find a settlement before the government lawsuit to block its planned $39 billion acquisition of smaller rival T-Mobile USA reaches the court. Details of AT&T’s proposed settlement were not available, but it is expected to include pledges to maintain T-Mobile’s relatively cheap mobile subscription plans, and asset sales.
Apart from Apple Inc.'s iPhone 5, the most awaited Android Smartphones are the Samsung Galaxy S2 and the Motorola Droid Bionic. The much-awaited Samsung’s flagship Galaxy S2 smartphone has made it to the United States, quelling anticipation, and is set to compete with Motorola Droid Bionic for the market share.
The rumor mill of Apple iPhone 5's release date has got another twist in the tale as new reports have emerged revealing that retailer Best Buy is set for an October launch of the much-awaited Apple iPhone 5. But hold on, there are contractions among the media reports regarding probable release dates.
The Jetstream will run on Android 3.1 or Honeycomb juice and will feature a 10.1-inch display.
EchoStar and Hughes had originally entered into a $26-billion merger agreement in October 2001.
AT&T is going to make concessions to get the T-Mobile deal approved according to a report from Reuters.
The DoJ opposes the $39-billion deal, largely on anti-trust grounds, but also cited that such a transaction would cost thousands of jobs -- in an economy that simply cannot withstand anymore job losses.
As the battle between the high-end Android smartphones are getting hotter day by day, the two most talked-about phones apart from the iPhone 5 are Samsung Galaxy S2 and the Motorola Photon 4G.
AT&T (NYSE:T), the No.2 wireless carrier in the U.S., faces an uphill battle to get the T-Mobile deal approved by regulators following the Dept. of Justice (DOJ) antitrust suit to enjoin the merger and Federal Communications Commission (FCC) have echoed DoJ concerns.
Vonya B. McCann,senior vice president of Government Affairs for Sprint, has issued a statement noting that by filing the lawsuit to block AT&T's proposed $39 billion takeover of T-Mobile, the Justice Department has put consumers' interests first.
Although the nation's unemployment rate currently stands at 9.1 percent, the U.S. refused to be swayed by AT&T's offer of job creation, and has moved to block the merger between the telecom giants.
