HOLD OFF: AT&T Inc. and the Justice Department agreed to put off their upcoming antitrust trial over the phone company’s proposed acquisition of T-Mobile USA while the wireless carriers determine the fate of the deal.
THE MECHANICS: A federal judge quickly approved their request to cancel their February trial. There’s now a Jan. 18 hearing on the deal’s future.
THE BIGGER PICTURE: The $39 billion deal is under increasing government opposition, with analysts now giving it a slim chance of going through.
