AT&T and T-Mobile USA announced that their application to the Federal Communications Commission to join their cellular phone operations has been withdrawn.  AT&T plans to take a $4 billion charge against earnings for the breakup fees owed to Deutsche Telekom, the parent of T-Mobile, if the merger failed.  The merger would combine the second and fourth largest cellphone carriers in the United... 

In addition to the lawsuit recently filed by the Justice Department against the merger between AT&T and T-Mobile, Sprint-Nextel has also filed suit to block the deal.  The lawsuit filed in the United States District Court in Washington argues that allowing the merger to proceed would restrict the American cellphone service landscape significantly.  Sprint claims that the takeover of T-Mobile...