Public Knowledge Advises AT&T to End Takeover Now

U.S. Dist. Judge Ellen Huvelle, at the request of AT&T and the Justice Department, stayed proceedings in the case until Jan. 18.

The following statement is attributed to Harold Feld, legal director of Public Knowledge:

"We hope that AT&T will take the contemplative time over the holidays to realize that it should now call the transaction to an orderly halt. It is time for AT&T to end this now and save everyone a lot of time time and money for a case it cannot win."

A transcript of last Friday's court hearing at which U.S. District Judge Ellen Huvelle expressed open skepticism that AT&T and Deutsche Telekom could proceed with their transaction is here.

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