As the FCC extends its review of the deal, AT&T (T +1.2%) says it's on track to close its...

|By:, SA News Editor

As the FCC extends its review of the deal, AT&T (T +1.2%) says it's on track to close its purchase of T-Mobile USA in Q1 2012. With wireline revenues having fallen 3.2% Y/Y in Q2, and wireless growth starting to slip with the loss of iPhone exclusivity, AT&T has plenty of reasons to go want T-Mobile's 33M+ U.S. subscribers.