NEW YORK -(MarketWatch)- T-Mobile USA and AT&T Inc. /quotes/zigman/398198/quotes/nls/t T -0.16% filed a request with the Federal Communications Commission for approval of the transfer of $1 billion in wireless airwaves AT&T promised as a result of the failure of its $39 billion bid to take over its smaller rival.
AT&T said it would turn over the airwaves, or spectrum, along with $3 billion in cash to T-Mobile parent Deutsche Telekom AG (DTEGY, DTE.XE) after pulling out of the deal as opposition mounted from the FCC, Justice Department, state attorneys general and rival carriers.
via marketwatch.com
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