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Monday, March 21, 2011

Now AT&T&T...the Tyranno-Corp that rules the world

The world will be at the beck and call of the favored few- the Mega-Corporations that will rule the world.

The airline industry has consolidated
- Delta/NW
- US Air / America West
- United/Continental
- SW / Air Trans

The cell phone industry has seen Cingular, Nextel, At&T Wireless, Alltel, and a few others disappear, and looks like T-Mobile may be extinct like T. Rex.



AT&T Rises on $39 Billion Bid for T-Mobile, Wireless Lead - Businessweek: "March 21 (Bloomberg) -- AT&T Inc. rose after agreeing to buy T-Mobile USA from Deutsche Telekom AG for $39 billion in cash and stock to create America’s largest mobile-phone company.

The deal would allow AT&T, now the second-largest U.S. wireless operator, to add about 34 million customers and surpass Verizon Wireless. The acquisition may face government scrutiny because it combines the second- and fourth-largest wireless providers, reducing consumer choice. Though regulatory approval may take a year, cost savings and revenue gains could total $3 billion a year, Dallas-based AT&T said."

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