†(¯˜*•­»♀«­•*˜ ♥ Shining Star Family ♥˜*•­»♀«­•*˜¯)†
Thanks for registering

†(¯˜*•­»♀«­•*˜ ♥ Shining Star Family ♥˜*•­»♀«­•*˜¯)†


 
Trang ChínhPortalGalleryTrợ giúpTìm kiếmThành viênNhómĐăng kýĐăng Nhập

Share | 
 

 AT&T to Offer Bigger Asset Sales to Save Takeover

Go down 
Tác giảThông điệp
hurricanemaxi
Shining Star
Shining Star
avatar

Tổng số bài gửi : 27
Thanks : 0
Join date : 11/08/2011

Bài gửiTiêu đề: AT&T to Offer Bigger Asset Sales to Save Takeover   Sun Nov 27, 2011 12:54 pm

AT&T Inc. (T), with its T-Mobile USA takeover facing regulatory opposition, is preparing the biggest remedy proposal yet to the Justice Department to salvage the $39 billion deal, according to a person familiar with the plan.

The company is considering an offer to divest a significantly larger portion of assets than it had initially expected, said the person, who declined to be identified because the plan isn’t public. Though the exact size of the disposals hasn’t been determined, they could be as much as 40 percent of T-Mobile USA’s assets, the person said.

The asset sale is an attempt to address the concerns of the Justice Department, which sued to block the takeover on Aug. 31, saying the deal would “substantially lessen competition” in the wireless market. The acquisition was dealt another blow on Nov. 22, with the Federal Communications Commission signaling an attempt to block it.

“It’s going to be problematic for AT&T to find a successful divestiture solution,” said Kevin Smithen, an analyst with Macquarie Securities USA Inc. in New York. The pool of potential buyers isn’t very big and those that might be interested probably wouldn’t have a chance, Smithen said. “It’s unlikely that the DOJ would allow a big competitor like Verizon to purchase the assets,” Smithen said.
Customers Versus Spectrum

ATT’s proposal is likely to include the divestiture of a higher share of customers and lower percentage of spectrum, said the person familiar with the matter. The company needs more capacity to serve users as it adds customers and more of them adopt data-intensive smartphones.

AT&T, based in Dallas, fell 0.5 percent to $27.41 yesterday in New York and has lost 6.7 percent this year. T-Mobile owner Deutsche Telekom AG added 1.6 percent to 8.83 euros in Frankfurt and has declined 8.6 percent this year.

Brad Burns, an AT&T spokesman, and Andreas Fuchs, a Deutsche Telekom spokesman, declined to comment.

The asset-sale proposal, which could come as early as the next Justice Department hearing on Nov. 30, might be the only remaining option if the second-largest U.S. wireless operator wants to avoid a lengthy court battle in its bid to become the country’s top mobile carrier. The purchase may vault it past Verizon Wireless (VZ), depending on the size of the divestitures.

On Nov. 24, AT&T and Deutsche Telekom asked to pull their deal applications to the FCC so the companies could better focus on the Justice Department lawsuit. AT&T also said it would take a one-time charge of $4 billion to cover the breakup fee it will need to pay to Deutsche Telekom if the deal fails.
UK Escort
Trans
Về Đầu Trang Go down
Xem lý lịch thành viên
 
AT&T to Offer Bigger Asset Sales to Save Takeover
Về Đầu Trang 
Trang 1 trong tổng số 1 trang
 Similar topics
-
» [08022011][News] Girl's Talk nằm trong Top 5 trên bảng xếp hạng Oricon [#2]

Permissions in this forum:Bạn không có quyền trả lời bài viết
†(¯˜*•­»♀«­•*˜ ♥ Shining Star Family ♥˜*•­»♀«­•*˜¯)† :: ♥ DBSK's Center ♥ Always Keep faith :: CY - UFO - Fancafe-
Chuyển đến