In the clearest sign yet that AT&T's proposed $39 billion merger with T-Mobile has hit an impasse, District Court Judge Ellen S. Huvelle on Monday granted a stay sought jointly by the Department of Justice and AT&T in an anti-trust trial that had been scheduled to start in February.
AT&T may indeed be getting cold feet about proceeding with expensive litigation, given what now appear to be bleak prospects for getting regulatory approval for its merger.
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