AT&T and Deutsche Telekom withdrew their application to the FCC for transfer of licenses required for the proposed acquisition of T-Mobile USA by AT&T. Without FCC approval, the $39 billion acquisition cannot proceed. In a joint statement issued on Thanksgiving, AT&T and Deutsche Telekom said they are still seeking to complete the deal and that their next step would be to focus their continuing efforts on obtaining antitrust clearance for the transaction from the Department of Justice either through the litigation pending before the...
