. AT&T may propose to divest as much as 40% of T-Mobile USA's assets in an effort to win approval from the Department of Justice in an upcoming lawsuit against the government agency. The DOJ sued to block the merger on August 31st, when it said “AT&T's elimination of T-Mobile as an independent, low-priced rival would remove a significant competitive force from the market.” AT&T is planning to divest a lower percentage of spectrum and a higher share of T-Mobile USA's customers, Bloomberg said Monday. The divestiture may not be enough to add balance to the market, however.
Boy Genius Report, AT&T may divest 40% of T-Mobile USA assets in last bid to win merger approval
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