Tuesday, December 6, 2011

MetroPCS CFO says AT&T's planned T-Mobile buy is likely to fail

MetroPCS CFO says AT&T's planned T-Mobile buy is likely to fail

. MetroPCS chief financial officer J. Braxton Carter recently said AT&T's planned $39 billion acquisition of T-Mobile USA is likely to fail. Carter's comments were made during a UBS investor conference in New York City on Tuesday, during which he said the proposed merger is “almost kind of moot at this point given the intense opposition by the government.” MetroPCS was named as one of several U.S. wireless carriers originally interested in purchasing spectrum from AT&T and T-Mobile.

Boy Genius Report, MetroPCS CFO says AT&T's planned T-Mobile buy is likely to fail

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