AT&T, Sprint and C Spire halt suits over T-Mobile acquisition, wireless competition to die another day

It's never nice to beat a dead horse when it's down and the same seems to be true for the litigious mudslinging Ma Bell's had to endure. Now that the nation's second largest carrier has been granted a stay in its pending and publicly messy T-Mobile acquisition, vocal opponents like Sprint and C Spire are withdrawing their respective suits (and fangs) to block the merger for the time being. But don't take this latest courtroom move as a supportive change of heart -- both wireless companies will likely lawyer up again in the new year when these M&A wheels begin to roll anew. So while this potential AT&T&T deal appears to be dead in the water, there's always a chance it'll resurface with an extra face.

AT&T, Sprint and C Spire halt suits over T-Mobile acquisition, wireless competition to die another day originally appeared on Engadget on Tue, 13 Dec 2011 16:24:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2011/12/13/atandt-sprint-and-c-spire-halt-suits-over-t-mobile-acquisition-w/

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