US Democrats back AT&T deal
A group of influential Democrat lawmakers have written to US President Barack Obama calling on him to approve telecoms giant AT&T’s $39bn (£24.7bn) proposed acquisition of T-Mobile USA from Deutsche Telekom. The fifteen representatives have said the deal would help to cut unemployment and encourage investment at a time when the US badly needs it. The Justice Department has moved to block the deal, arguing that it would reduce competition and lead to higher prices for consumers.