AT&T (News - Alert) is reaching out to fellow carriers to see if it can offload some of its spectrum and subscribers in an effort to salvage its proposed $39 billion acquisition of T-Mobile (News - Alert), which is being challenged in court by the U.S. government, sources close to the situation told Bloomberg.
The Dallas-based company has reportedly had initial conversations with MetroPCS, Leap Wireless (News - Alert), CenturyLink, Dish Network and Sprint, all of whom could use spectrum assets to build out their own next-generation networks. Reaching out to Sprint is especially bold considering the Kansas-based carrier recently filed an antitrust lawsuit to try and stop the T-Mobile deal, which it said will compromise its ability to compete in the wireless market.
Sources told Bloomberg (News - Alert) that the talks are preliminary and that even if a deal is made, the Department of Justice could still look to nix the acquisition... Read More