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AT&T sets aside $4 billion for T-Mobile breakup fee

In a sign that its merger prospects are dimming, AT&T said Thursday that it will take a $4 billion accounting charge this quarter to cover part of the break-up fee it will owe, if its bid to acquire T-Mobile fails to gain regulatory approval.

In a sign that its merger prospects are dimming, AT&T said Thursday that it will take a $4 billion accounting charge this quarter to cover part of the break-up fee it will owe, if its bid to acquire T-Mobile fails to gain regulatory approval.

Full Article: CNN Money

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