AT&T and T-Mobile have withdrawn an application from the U.S. Federal Communications Commission seeking approval for a merger. It doesn’t mean they are giving up on the deal, but it does suggest it’s unlikely to go through.
The two companies are fighting for approval on two fronts. The FCC as well as the U.S. Department of Justice are opposing the deal, and this latest development means they’ll be fighting for the DOJ’s approval first, without which the approval from the FCC would be meaningless. [Mashable]
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