

Sunday, July 09, 2006

Alright, it's time for me to ramble about how fuckin' scared I am over this AT&T bullshit. When I heard that SBC and AT&T were merging last year, I was in awe, but I still had a little bit of faith with our Justice Department. The baby bells were becoming one once again, and nobody was stopping them. Granted, the power the telephone industry once had has dwindled, but that does not justify the reconstitution of an entity generating hundreds of billions of dollars a year. To make matters worse, AT&T has recently announced that they would like to acquire Bellsouth, created a duolopy between Verizon and AT&T, and in turn Cingular. $130 billion dollars in revenue per year...and we thought the oil industry was ridiculous. Here's a breakdown of the Baby Bell monopoly. I hope this judge gets his say.

1 comment: