Tuesday, March 07, 2006

Ma Bell is on her way back!

With the news this week that the new at&t (SBC/AT&T) has submitted an intent to purchase Bell South, the telecom industry is one step closer to becoming a monopoly again. While I am exagerating a bit, this is still a significant move that will secure at&t with a huge piece of the pie. It is still too early to tell if this deal will go through and if it does what the impact will be but whatever happens it is deffinately a sign that the industry is hunkering down and trying to secure their profits in what has been a horroble industry for good margin products.

All I can say is consumers look out... your telecom bills may be going up!

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