VZ stock prices outlook september 2011 : The U.S. government on Wednesday sued to block AT&T Inc's $39 billion purchase of T-Mobile USA, citing concerns it will harm competition in the wireless market and lead to higher prices.
The surprise move, which was the biggest antitrust challenge yet by the Obama administration, caught the carriers by surprise and if successful would end AT&T's move to unseat Verizon Wireless as the No. 1 U.S. mobile carrier.
Verizon Communications Inc. (NYSE:VZ) fell nearly one half a percent. The volume of trading was up only 28 percent when compared to the average. Verizon has a market cap of $102 billion.
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