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Wednesday, November 9, 2011

AT&T, US argue over witnesses in antitrust trial, (NYSE: T)

AT&T Inc complained on Wednesday that the Justice Department was too slow in telling who its witnesses would be as the government seeks to block the telecommunications giant's acquisition of rival T-Mobile USA.The government, in a court filing Wednesday, proposed giving AT&T an initial list of up to 15 witnesses on Nov. 18 and additional lists in December and January. The trial begins on Feb. 13.This did not please AT&T, which noted that the court had initially urged witness lists be exchanged "at the earliest possible time.""More than six weeks after the court's order, defendants are still no closer to receiving a witness list. Yet plaintiffs seek to push the date back still further," AT&T said in its filing.

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 1.87% or $-0.55/share to $28.91. In the past year, the shares have traded as low as $27.20 and as high as $31.94. On average, 32552100 shares of T exchange hands on a given day and today's volume is recorded at 27177832.



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