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AT&T said it would take a $4 billion charge in the final quarter, the value of a breakup fee and spectrum assets possibly owed Deutsche Telekom, an acknowledgment that the company's proposed takeover of T-Mobile faces an increasingly uphill battle.

The chairman of the Federal Communications Commission will request an administrative hearing on the proposed $39 billion acquisition... The decision by the chairman, Julius Genachowski, puts a second large roadblock in front of AT&T, the nation’s second-largest wireless phone company, in its effort to buy T-Mobile, the No. 4 carrier. In August, the Justice Department filed a federal antitrust lawsuit to block the merger, saying it would stifle competition.

AT&T pushed back the expected closing dates for its purchases of T-Mobile USA and a block of Qualcomm spectrum by as much as three months as it battles regulatory scrutiny.

The first two phones to run on AT&T's new high-speed data network will go on sale Sunday. The phones are the HTC Vivid and the Samsung Galaxy S II Skyrocket. Both are big touchscreen smartphones that run Google Inc.'s Android software. They'll cost $200 and $250 respectively, with a two-year service contract requirement.

Atty. Gen. Kamala Harris and six other state attorneys general join the Justice Department's antitrust suit, say the deal would result in less competition in the wireless market.

Addicted to Netflix on your mobile phone? Good news, then. Sprint will not only get Apple's next iPhone handset, it has a plan to use it to peel users away from larger rivals AT&T and Verizon: unlimited data for $99.99 a month, Bloomberg reported Friday. Sprint's rivals now charge extra for data service.

The Justice Department's move to block AT&T Inc. from buying
T-Mobile USA is motivated by the desire to keep a low-priced
competitor in the game. But that's a game T-Mobile is losing.

Sen. Al Franken (D., Minn.), is urging regulators to reject the pending AT&T’s merger, joining the Senate’s antitrust chair and other lawmakers in what may be a growing legislative backlash against the deal.

LulzSec has just bid the Internet adieu. And its parting gift seems to be one hell of a mess. After 50 days of manic attacks on targets ranging from Sony to the CIA, the hacker group called it quits Saturday with a typically irreverent statement...

Sony said on Monday its new handheld game device would be called PlayStation Vita. The company added that it would partner with AT&T as exclusive carrier for the 3G version of the device in the United States.