The surprise move, which was the biggest antitrust challenge yet by the Obama administration, caught the carriers by surprise and if successful would end AT&T's move to unseat Verizon Wireless as the No. 1 U.S. mobile carrier.
Verizon Communications Inc. (NYSE:VZ) fell nearly one half a percent. The volume of trading was up only 28 percent when compared to the average. Verizon has a market cap of $102 billion. For the latest updates PRESS CTR + D or visit Stock Market news Today
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