Payphone
The controversial proposed merger of AT&T and T-Mobile has been blocked by the U.S. Department of Justice -- much to the delight of naysayers. 

The acquisition of T-Mobile by AT&T has been blocked by the Justice Department.

The $39 billion deal has been put on hold after the Justice Department ruled that the acquisition would “reduce competition and raise prices,” according to the Associated Press.

The deal would also violate U.S. anti-trust law, according to Bloomberg News.

Late Tuesday night AT&T tried to sweeten the deal by saying it would “will bring back 5,000 call-center jobs that were outsourced abroad,” according to the New York Times.

AT&T can challenge the Justice Department in court. If the deal does not go through “AT&T would have to pay Deutsche Telekom $3 billion in cash” and “provide T-Mobile USA with wireless spectrum in some regions and reduced charges for calls into AT&T’s network, for a total package valued at as much as $7 billion,” reported Bloomberg.

News of the Justice Department's ruling is taking Twitter by storm as hundreds of people weigh in

Promoted Stories Powered by Sharethrough
t-mobile
T-Mobile is giving people free data to play Pokémon Go
Pokémon Go has been eating away at people's free time, phone battery , privacy , and mobile data, but T-Mobile subscribers are able to get some relief; the mobile carrier is giving its customers a full year of free data for Pokémon Go .
From Our VICE Partners
Group

Pure, uncut internet. Straight to your inbox.

Thanks for subscribing to our newsletter!