The Dallas-based company announced Monday that after a thorough review of its options it was backing out of the $39 billion deal, thus avoiding a costly and potentially lengthy legal battle.
The Dallas-based company's plan to sell off some of its assets in order to gain regulatory approval for its $39 billion merger are falling flat, which could spell trouble for the merging parties as they try to convince regulators that a merger wouldn't concentrate too much power in the wireless industry.
Georgia, Alabama and South Carolina have sought to halt Department of Justice challenges to their Arizona-style immigration laws, pending a U.S. Supreme Court review.
AT&T also has 900,000 phones with controversial software installed.
Munich-based Siemens AG in 2008 pled guilty to violating the Foreign Corrupt Practices Act in bribing government officials in Argentina to secure a billion-dollar national identification card project contract.
As the Department of Justice gears up for a rare criminal trial against a publicly traded company, the Taiwanese defendant wants to argue that prosecutors just don't get Asian business culture.
AT&T and Deutsche Telekom, T-Mobile's parent company, asked Judge Ellen Huvelle of the U.S. District Court in Washington D.C. Monday to delay the trial with the U.S. Department of Justice over the proposed $39 billion merger, which she has granted.
AT&T seeks a review of the FCC decision on the grounds that it exceeds the Commission's authority; is contrary to the Communications Act of 1934, as amended by the Telecommunications Act of 1996; and is arbitrary, capricious, an abuse of discretion, and otherwise contrary to law.
The Justice Department had argued that the U.S. Supreme Court should allow to stand lower courts' decisions to place a preliminary injunction on four key provisions of Arizona's anti-immigration law.
Wal-Mart began an internal investigation within the last seven months to determine whether some overseas incidents violated U.S. federal law.
Arizona and the Obama administration are at odds with each other about whether the U.S. Supreme Court should settle the row over the state's anti-immigration law.
The U.S. Department of Justice doesn't want to go to trial until the companies reapply for merger with the Federal Communications Commission.
Speaking at Bloomberg's Captain of Industry series, Stephenson said AT&T's capacity to keep up with wireless demand has been strained and Congress hasn't adequately addressed antiquated policies regarding the wireless industry.
With the millions of iPhones, BlackBerrys and Androids sold in the U.S., the massive demand for data use is far exceeding the supply of spectrum - the range of all possible frequencies through which signals can be transmitted.
A group of lawmakers opposed to two pending online piracy bills introduced their own proposal that would let the International Trade Commission handle foreign websites that traffic copyrighted material.
AT&T, the second largest U.S. wireless carrier, is on track to smash record smartphone sales in the fourth quarter as the company revealed on Wednesday that it has already sold six million smartphones in the first two months.
It turns out that credit unions did not benefit so much from fed-up customers of big banks. The Credit Union National Association said in early November that their survey showed an estimated 650,000 Americans have opened new accounts at credit unions since Sept. 29, the day Bank of America (BAC) announced the $5 debit card fee that it later cancelled due to mounting pressure. However, a newly released regular monthly report shows quite a difference scenario.
In the midst of a legal battle over Alabama's new immigration law, the state's attorney general sent a letter to top Republican lawmakers suggesting ways to shield the law from challenges by altering or deleting controversial provisions.
The couple attacked by a naked, 300-pound bodybuilder named Ruben Arzu and brutally injured, were released from the hospital on Tuesday, authorities said.
AT&T and Sprint Nextel Corp. agreed in separate court filings Tuesday that Sprint's legal case against the $39 billion AT&T/T-Mobile USA merger should begin after the trial with the U.S. Department of Justice is complete, Bloomberg reported.
The stringent anti-immigration laws that have proliferated in states since Arizona passed SB1070 encompass more than older immigration laws the U.S. Surpeme Court has deicided
A state government report said on Friday that California's homicide rate fell by 7.8 percent in 2010 to the lowest level since 1966, in-line with a U.S. drop in violent crimes that researchers have attributed in part to better police work.