AT&T’s decision to walk away from its intention of buying rival T-Mobile puts an end to concerns expressed locally that consummating the $39 billion transaction would create a monopoly on the island.
As AT&T’s proposed acquisition of rival T-Mobile USA virtually unraveled Monday after a federal judge granted a request to delay the U.S. Department of Justice’s antitrust case, an unlikely third party announced its interest in partnering with the latter carrier if the deal ultimately falls through, Bloomberg reported.
Less than a year after unveiling the island’s first network capable of offering 4G speeds, T-Mobile announced Wednesday plans to expand the high-speed service in more than 40 municipalities that include the areas of Naranjito, Juana Díaz, Luquillo, Las Marías, Toa Alta, Florida, Lares, and Canóvanas.
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