(Reuters) - AT&T said it had agreed with Deutsche Telekom to drop its $39 billion bid to buy the German company's U.S. wireless unit amid increasing regulatory obstacles to the planned deal.
NEW YORK (Reuters) - Driven by antitrust concerns, U.S. regulators are fighting hard to block AT&T's $39 billion deal to buy Deutsche Telekom's T-Mobile USA. But, in an ironic twist, smaller U.S. wireless rivals may suffer more if the deal is blocked than if it is approved.
