AT&T Throws the Towel in on T-Mobile Acquisition

And just like that, T-Mobile is safe (for now). AT&T has announced that they're ending bids to acquire T-Mobile up against heavy resistance from the FCC and the Department of Justice. Because the deal, which was expected to be accepted and in the finalizing stages in the first couple of months of 2012, fell through, AT&T owes T-Mobile's parent company Deutsche Telekom $4 billion as well as a roaming agreement that AT&T states is mutually beneficial to both parties.
And all in the world of magenta let loose a deep sigh of relief. The question is – who will try next? We're sure someone will.

Android Phone, AT&T Throws the Towel in on T-Mobile Acquisition