The AT&T (T) deal "would be phenomenal. if it happens," Credit Suisse's Jonathan Chaplin...

|By:, SA News Editor

The AT&T (T) deal "would be phenomenal... if it happens," Credit Suisse's Jonathan Chaplin says, but a merger between two of the four biggest U.S. cellphone operators carries “enormous” regulatory risks. “We can’t see how [AT&T] would get this through without massive divestitures and concessions... We have never seen a deal with more regulatory risk attempted in the U.S."