BY ANDREW ROSS SORKIN Randall Stephenson, the chairman of AT&T, knew it would not be easy to persuade regulators to approve the T-Mobile deal. About an hour after AT&T announced its $39 billion acquisition of T-Mobile in March on a Sunday afternoon, I got a call at home. It was Randall L. Stephenson, AT&T’s chairman and chief executive. Mr. Stephenson, an affable man with a wry sense of humor, knew he would face a battle persuading regulators the deal should be approved. And with me.
As I peppered him with questions about why the government would possibly allow the No. 2 and No. 4 telephone carriers to merge — a textbook example of creating a duopoly between AT&T and Verizon if there ever was one — he deftly stood his ground. He was convinced the deal would happen.
“When you get to the facts, this is a deal that gets approved,” he insisted, rattling off a list of … READ THE REST OF THIS BREAKING STORY HERE.