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FRANKFURT/LONDON (Reuters) – AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents.

The U.S. telecoms group and T-Mobile owner Deutsche Telekom, said they would continue to pursue anti-trust approval for the $39 billion takeover from the U.S. Department of Justice but withdrew for now applications to the industry regulator.

Read the whole story from Reuters.

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