The Federal Communications Commission said it will not undermine the Justice Department in its review of AT&T Inc's (T.N) $39 billion bid for Deutsche Telekom AG's (DTEGn.DE) T-Mobile USA. The Justice Department filed a lawsuit to block the deal on Wednesday because of anti-competition concerns.
AT&T Inc. is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. Shares of T fell by 4.49% or $-1.33/share to $28.29. In the past year, the shares have traded as low as $27.06 and as high as $31.94. On average, 28001700 shares of T exchange hands on a given day and today's volume is recorded at 73470240.
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