AT&T has ended its $39 billion bid to acquire T-Mobile USA from Deutsche Telecom. There was very strong opposition from the Department of Justice, Sprint and other companies which rightly said that such a merger would have a negative impact on the U.S. wireless market. The DOJ saw through the ads and smoke about the merger creating more jobs.  AT&T will pay T-Mobile a $4 billion breakup fee as a result of its failed acquisition.