AT&T-Mobile

 Maybe not so much after all.

"In a statement, AT&T said it was withdrawing its application to focus on fighting the Justice Department's lawsuit, which alleges the merger would violate antitrust law by stifling competition in the wireless market. That case is scheduled to go to trial in February.

An FCC hearing would be before an administrative law judge, would resemble a trial and could take months to complete. The full commission would then vote on whether to block the deal.

By withdrawing its application, AT&T triggers a $4 billion breakup fee that it had agreed to pay to T-Mobile's parent company, Deutsche Telekom. The fee is $3 billion in cash and $1 billion in spectrum assets."