Tag Archives: break-up fee

AT&T, T-Mobile File For FCC Approval Of Spectrum Transfer

T-Mobile USA and AT&T have filed a request with the Federal Communications Commission for approval of the $1 billion in wireless spectrum AT&T now owes T-Mobile as part of the break-up free due to the failure of AT&T’s T-Mobile takeover. AT&T promised to turn over the spectrum, along with $3 billion cash if the deal fell through. “This additional spectrum will help meet the growing demand for wireless broadband services,” said Tom … [read full article]

Deutsche Telekom Says Break-Up Fee Not In Danger If AT&T Deal Fails

Since the announcement of the AT&T/T-Mobile deal the press and mobile industry at large has been under the impression that should the deal fall through, AT&T was on the line for up to $6 billion in cash and spectrum. A Reuters report from yesterday indicated that the break-up fee as it has been dubbed isn’t as certain as the deal itself just being nullified, closed, killed or destroyed by the … [read full article]

(Updated With Deutsche Telekom Statement) AT&T Might Not Be Required To Pay T-Mobile Break-Up Fee After All?

Update: Deutsche Telekom has stated it would consider “carving out some assets” from T-Mobile USA in order to continue the regulatory approval process for a deal with AT&T. Speaking to BusinessWeek Deutsche Telekom spokesman Philipp Kornstaedt says that DT is examining different scenarios and how they would play out in real life. With the report of T-Mobile needing to maintain a certain level of value in order to earn DT a … [read full article]