| FRANKFURT, Sept 5
FRANKFURT, Sept 5 AT&T may not have to pay
Deutsche Telekom (DTEGn.DE) a multi-billion dollar breakup fee,
even if its $39 billion acquisition of T-Mobile USA fails, a
person familiar with the matter said.
"There are a number of options under which the contract will
not come into effect," the person, who is familiar with the
contract, told Reuters on Monday.
Deutsche Telekom declined to comment on the matter.
The U.S. government last week sued to block AT&T's purchase
of T-Mobile USA, a deal that would vault the combined company
above Verizon Wireless as the No. 1 player in the United States.
As part of the AT&T deal, Deutsche Telekom secured a breakup
fee comprising $6 billion in cash and other assets should
regulators reject the deal.
Under its agreement with Deutsche Telekom, the deal is only
valid if the acquisition receives regulatory approval within a
certain timeframe, the source said on Monday.
Also, the agreement could become invalid if regulatory
conditions for the sale push the value of T-Mobile USA below a
certain level, the person said.
(Writing by Maria Sheahan)