AT&T Inc and T-Mobile USA's parent company Deutsche Telekom AG are still battling to save their $39 billion merger and are not in talks about a network-sharing alternative, people familiar with the matter said on Thursday."There are currently no talks about a (network sharing) joint venture," one of the sources said. "This would signal that they have given up. This is not the case, we're still betting on victory, not on the second-best solution," said the source .The Wall Street Journal said this week the two groups had discussed options including forming a joint venture to pool network assets if the merger, which faces opposition from regulators, were to fail.The report, which cited unnamed people familiar with the matter, said the network sharing talks were "not advanced" and "were a plan the companies have on the back burner."
AT&T Inc. is a holding company. The Company is a provider of telecommunications services in the United States and worldwide. Shares of T remained unchanged at $28.98. In the past year, the shares have traded as low as $27.20 and as high as $31.94. On average, 29276300 shares of T exchange hands on a given day and today's volume is recorded at 1740.
