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Sunday
Mar202011

AT& T buying T-Mobile for $39 Billion...

Last week, AT&T announced that they were going to start to have bandwidth caps on home Internet service ( a little shot out to Netflix), this week they are buying T-Mobile.  I'm sure we will hear an excellent story on how less competition is actually good for all of us.  I'm sure the Verizon bid for Sprint is a couple of weeks away.  After that, they will explain how curbing Netflix is actually good for all of us.  For those who may not be aware of the game, the bandwidth caps are starting just as Netflix is becoming a major player in television content.  The more you watch, the less the networks and cable providers make on their own overpriced content.  So Netflix is the next target, hence bandwidth caps.  Sorry for the editorial, but they are so obvious in their devious schemesRead on to get a more comprehensive view of the merger.  For an excellent analysis of the rise and fall of the telephone industry in this country, read this.

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