AT&T Inc (T.N) has promised to give Deutsche Telekom (DTEGn.DE) a break-up fee worth $6 billion if U.S. regulators reject its proposed takeover of T-Mobile USA, sources familiar with the matter said. The $6 billion package is double the value that was publicly disclosed and a record for a merger break-up fee. The agreement includes about $2 billion worth of spectrum and a roaming agreement valued at roughly $1 billion, according to two sources who asked not to be named as those details were not public. AT&T declined comment on Thursday.
AT&T Inc. is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. Shares of T traded higher by 0.83% or $0.26/share to $31.64. In the past year, the shares have traded as low as $23.78 and as high as $31.94. On average, 30137100 shares of T exchange hands on a given day and today's volume is recorded at 22052800.
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