Tag Archives: at&t takeover

T-Mobile Setting Aside Millions Of Dollars To Keep “Top Employees”

While T-Mobile and AT&T continue efforts to seal their relationship, T-Mobile USA is setting aside cash in order to keep top employees on board should the deal go through. According to a Wall Street Journal report, T-Mobile has set aside $64 million dollars during the last two quarters, which earnings reports have listed as costs involving “primarily consisting of employee-relating expenses.” A Deutsche Telekom spokesman said that the company is taking “precautionary action … [read full article]

AT&T Sues To Stop Merger-Blocking Arbitration Efforts

AT&T continues its road to world domination by filing eight federal lawsuits aimed at blocking a law firm’s attempt to stop the T-Mobile takeover via arbitration. The lawsuits were filed in response to a Bursor & Fisher law firm signing up over 1,000 customers looking to block the deal using the arbitration clause in the customer contract. AT&T says that the arbitration clause in its contract cannot be used for efforts … [read full article]