Having been a reporter in Washington,D.C., and having covered more than a few prior telecomm mergers, I'd be shocked if AT&T's purchase of T-Mobile was blocked. But John Hudson at The Atlantic Wire is hearing of growing opposition that may succeed.
In a surprising turn of events, the mega merger that consumer watchdogs decried, but most deemed a fait accompli, faces a real risk of disintegrating at the hands of federal regulators. Last last night, a new poll of policy analysts examining the proposed $39 billion merger between AT&T and T-Mobile found that the deal was now more likely to fail than pass FCC and Justice Department approval, according to an average taken from the respondents.
-Atlantic Wire, August 12, 2011
Some of the recent news Hudson cites seems less portentous than it's being made out here. I'm sure AT&T always expected to sell off substantial amounts of spectrum rights so the hiring of investment bankers, to me, is more a sign that the deal is close to being approved not disapproved. We will see.