AT&T and T-Mobile merger officially called off

Author: Riley Alexander, MD, MBA

In what should be viewed as a big win for consumers and choice in the mobile technology space, AT&T has rescinded its takeover bid of $39 billion for T-Mobile. A mix of consumer and grass roots activism coupled with a negative viewpoint from the justice department forced AT&T to re-consider. Had this merger went through, AT&T would have surpassed Verizon as the largest carrier in the U.S.

For more details, here is a good write-up from BusinessWeek.

About the author:

Dr. Riley Alexander is a pathology resident at Indiana University School of Medicine, blog "addict" and avid follower of technology. His primary interests revolve around how technology, especially mobile, will create increased efficiency, enhanced physician education and better delivery of care in the medical field. Dr. Alexander is a graduate of Indiana University School of Medicine with a combined MD/MBA, in partnership with IU's Kelley School of Business. Due to this, he is also very interested in management, healthcare policy and non-clinical aspects of the medical field and enjoys exploring non-clinical opportunities for medical students, residents and physicians. He completed his undergraduate education at IU-Bloomington.