Disqus
The US Department of Justice is one of the biggest hurdles any big corporation has to get past before any merger or acquisition. And AT&T is about as big as they get. Today, the DoJ has cleared AT&T to go ahead and close the $994 million Centennial acquisition that was announced last year. The deal puts another 1.1 million wireless subscribers under Big Blue’s umbrella.
The DoJ’s blessing leaves AT&T waiting on the go-ahead from the FCC. As part of the DoJ approval, AT&T had to give up 8 wireless markets in Louisiana and Mississippi, of which Verizon picked up a handful.
AT&T says that they expect the deal to close early in Q4.
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
