AT&T’s failed takeover of T-Mobile cost the company dearly — $4.2 billion in breakup fees paid out in cash and spectrum rights.
Turns out it cost CEO Randall Stephenson, as well — $2.08 million in bonuses.
AT&T’s failed takeover of T-Mobile cost the company dearly — $4.2 billion in breakup fees paid out in cash and spectrum rights.
Turns out it cost CEO Randall Stephenson, as well — $2.08 million in bonuses.
T-Mobile USA and MetroPCS Communications Inc. are pushing the Federal Communications Commission to block Verizon Wireless’s plan to buy wireless airwaves from a group of cable companies for $3.9 billion.
T-Mobile—which just months ago was pushing antitrust authorities to approve its failed deal to sell itself to AT&T Inc.—argued in an FCC filing that Verizon Wireless’s deal poses “a clear threat to competition” and would allow the nation’s largest cellphone carrier “to accumulate even more spectrum on top of an already dominant position, while checkmating crucial avenues for growth of its smaller competitors.”
