AT&T Inc accused the staff of the U.S. communications regulator of being "one-sided" in a report critical of AT&T's proposed purchase of T-Mobile USA from Deutsche Telekom ."The report cherry-picks facts to support its (the staff) views, and ignores facts that don't. Where facts were lacking, the report speculates," Jim Cicconi, AT&T's chief lobbyist, said in a statement.The Federal Communications Commission released a staff report this week that criticized AT&T's $39 billion plan to purchase T-Mobile USA for leading to high prices and job losses.AT&T has withdrawn its FCC merger request, saying it will focus on fighting a Justice Department lawsuit that seeks to block the deal on antitrust grounds.
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 0.62% or $-0.18/share to $28.80. 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 10643791.
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