T-Mobile wants to protect itself with a fairly large break-up fee, in case a deal with Sprint is killed by regulators before it closes. The nation's fourth largest carrier needed this type of protection a couple of years ago when AT&T pulled out of its $39 billion deal to buy it. The refusal of the DOJ to go along with that deal is what forced AT&T to pull out. Thanks to a previously negotiated break-up fee, T-Mobile received $3 billion in cash plus some additional spectrum, which allowed it to expand its coverage in the U.S. market. Earlier this year, Sprint chairman Masayoshi Son balked ...from PhoneArena http://ift.tt/1sbSvRW
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