Monday, February 07, 2005
Merger mania promises fewer, bigger telcos | CNET News.com
Merger mania promises fewer, bigger telcos | CNET News.com: "Something had to give in the telecom industry.
For years, analysts and industry execs have warned it was only a matter of time before the glut of U.S. telephone operators caused a market collapse. There simply weren't enough people, homes and offices to keep every existing phone company in business. Now SBC's proposed $16 billion acquisition of AT&T is forcing its fellow Baby Bells to look harder at merger options."
For years, analysts and industry execs have warned it was only a matter of time before the glut of U.S. telephone operators caused a market collapse. There simply weren't enough people, homes and offices to keep every existing phone company in business. Now SBC's proposed $16 billion acquisition of AT&T is forcing its fellow Baby Bells to look harder at merger options."
