Codebreaker

AT&T won’t back down, no it won’t back down, you can stand AT&T up at the gates of hell but it won’t back down

John Moe Dec 8, 2011
Codebreaker

AT&T won’t back down, no it won’t back down, you can stand AT&T up at the gates of hell but it won’t back down

John Moe Dec 8, 2011

That’s according to Chief Financial Officer John Stephens speaking at an event in New York yesterday. Despite the numerous setbacks AT&T has experienced in its attempted takeover of T-Mobile, Stephens insisted that the company will continue to move forward in its efforts. Still, Ars Technica thinks Stephens may have telegraphed an AT&T exit strategy:

But listening to the whole conference Q&A with Stephens, a bystander might get the impression that AT&T has at least half an eye on the exit doors, given this obliquely worded proclamation:

As I said before, we are going to continue to work with our partner DT, Deutsche Telecom, and work toward a resolution of the transaction. Those conversations, as they occur, if and when they occur, and as they occur with the Department of Justice, will be kept confidential out of respect for them and for our partners and in hopes to improve the opportunity for the process to be successful.

One doesn’t want to go overboard, tea leaf reading-wise, but “if and when they occur”?

 

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