AT&T may get a discount if T-Mobile bid concessions prove too expensive

Billy Steele
B. Steele|09.07.11

Sponsored Links

AT&T may get a discount if T-Mobile bid concessions prove too expensive
When the DOJ blocked AT&T's deal to snatch up T-Mobile, did you think Ma Bell would end up shelling out some ridiculous sum to lock things up? Well, the opposite may be the case -- according to Bloomberg, the company can get a reduced rate if regulator's requests become too pricey. A discount of sorts would be available to AT&T if the remedy to-do list surpasses 20 percent of the deal's original $39 billion price tag (about $7.8 billion). Also of note here: the company could leave the proverbial table altogether if the concessions top the 40 percent mark, only owing a break-up penalty... and shelling out the $3 billion contingency fund to Deutsche Telekom AG.
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Popular on Engadget