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AT & T Bows Out


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According to the terms of the offer, AT&T must pay Deutsche Telekom a $3 billion breakup fee in cash, transfer radio spectrum to T-Mobile and strike a more favorable network-sharing agreement. Deutsche Telekom has valued the breakup package at as much as $7 billion.

 

http://www.bloomberg.com/news/2011-12-19/at-t-pulls-39-billion-t-mobile-bid-after-regulator-opposition.html

 

 

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