German Tribune

According to the Wall Street Journal (WSJ)’s late Monday report, with AT&T’s proposed $39 billion acquisition of T-Mobile having fallen through, the two companies have recently filed for the US Federal Communications Commission (FCC)’s approval for the transfer of $1 billion in wireless airwaves from AT&T to T-Mobile.

After lobbying intensely for months for its proposed $39billion takeover of its smaller US rival T-Mobile, AT&T announced on Monday that it has decided to scrap the T-Mobile merger deal because it was unsuccessful in overcoming stiff competition from the government.

The scrapping of the deal means that, in accordance with the terms of the March-announced merger, AT&T will pay T-Mobile's parent Deutsche Telekom $4 billion in cash and wireless spectrum access as a break-up charge.

In a fear that Deutsche Telekom would run out of supply, they have started advance booking for Apple’s iPhone 5 in Germany.

In order to avoid public attention, Deutsche Telekom is booking Apple’s next generation iPhone only in its stores and not through internet.

It has been reported that a Berlin based security firm, by using advanced technology, has cracked the encryption code for some mobile phones. Karsten Nohl, Head of Security Research Labs said that the cracking would enable any one to access the emails of the one whose mobile has been hacked previously.

On Thursday, the Deutsche Telekom (DTEGn. DE) has claimed that it is on the way to achieve its 2011 targets, in spite of poor performance in the United States, economic weakness in southeastern Europe as well as sluggish growth in Germany.

Its Chief Executive Rene Obermann has expressed immense confidence that Company would achieve its targets soon and said that the second quarter results cannot be considered as a reason for celebrations. The Company has claimed improving business at its European operations.