AT&T will give Deutsche Telekom a break-up fee and benefits worth about $6 billion if regulators reject the proposed takeover of the German company's U.S. business, Deutsche Telekom said on Friday.
In March, when the $39 billion deal was disclosed, the companies said AT&T would pay the German group a record break-up fee of $3 billion, but they did not put a value on other parts of the agreement.
"$3 billion would flow directly in cash, but Deutsche Telekom would also receive spectrum and a national roaming agreement," a Deutsche Telekom spokesman said.
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As the selection of wireless products, networks and services grows, so does the challenge of assembling a solution that meets each enterprise's unique, frequently challenging in-building requirements. To help CIOs, IT managers and other decision-makers make smart choices, Integer Wireless Tuesday founded the Integer Wireless Experience Center, a 10,000-square-foot facility providing a rare, hands-on opportunity to test a wide variety of enterprise-grade wireless solutions from more than 100 vendors, application developers and service providers.
The Justice Department has decided to pursue an in-depth investigation of AT&T's plan to buy of T-Mobile USA, according to a source familiar with the deal.
The decision was widely expected as antitrust enforcers typically give close scrutiny to big deals that involve large market shares.
Justice Department spokeswoman Gina Talamona declined to confirm that the antitrust division had deepened its probe. "Our investigation is ongoing," she added.
U.S. telecommunications providers can now use RUS funding to purchase Accedian's High Performance Service Assurance platform for networks serving rural communities. Accedian Networks announced last week that its EtherNID, MetroNID and MetroNODE 10GE service assurance demarcation devices have been granted "RUS Acceptance" by the Technical Standards Committee "A" (Telecommunications) Advanced Services Division of the United States Department of Agriculture, Rural Utilities Service (RUS).
4G millimeter wave backhaul solutions supplier BridgeWave Communications Tuesday announced the international expansion of the company's presence and expertise with the addition of several new partners across Western Europe and the Middle East, specifically in France, Germany, United Arab Emirates and the United Kingdom.
Network testing and measurement solutions provider Sunrise Telecom today announced the release of a new spectrum analyzer. The AT2500RQ4, a portable CATV spectrum analyzer, is designed to provide enhanced Modulation Error Rate (MER) performance and improve impairment detection in the head end to ensure that operators can eliminate problems in the network before they affect the end customer experience, according to Sunrise Telecom's press release.
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The U.S. Supreme Court on Wednesday handed businesses such as AT&T Inc. a major victory by upholding the use of arbitration for customer disputes rather than allowing claims to be brought together as a group.
By a 5-4 vote, the high court ruled that an AT&T unit could enforce a provision in its customer contracts requiring individual arbitration and preventing the pooling together of claims into a class-action lawsuit or class-wide arbitration.