AT&T Ends Bid to Acquire T-Mobile [from AL]

Within the hour, AT&T has announced that it has ended its bid to acquire T-Mobile. At this point, we shouldn’t be surprised at this after seeing the FCC and DOJ do their best to shut it down. The big question is, “What does AT&T do now?” One thing is clear, that they have a lot of catching up to do with Verizon. Over the last month, Big Red has purchased an enormous amount of spectrum to help stabilize their network even further, while also giving them a chance to grow it without sacrificing the quality that we have all grown accustomed to. Oh, AT&T also has to pay Deustche Telekom a cool $4 billion for this failure.

More coverage at Android Life.