Pages

Friday, March 25, 2011

Business is Scary

Following the buzz over AT&T announcing talks to buy T-Mobile, the FCC is stepping in, raising questions over anti-trust worries, but their reaction is lukewarm and nonconfrontational. The scary thing about this isnt just the fact that it will create a company larger than that of Verizon, but that it will offer phones and connections on both networks, essentially removing any competition between rival networks or accessibility options. Unless verizon comes up with some magic new technology to beat the new goliath, we may be looking at a national megacorporation of mobile communication. Verizon, you best be shaking in your boots.

http://news.cnet.com/8301-1035_3-20046467-94.html?tag=mncol;txt

28 comments:

Asty said...

pretty much sums it

parasites said...

I'm not surprised this is happening. The two companies coming together to make this are probably losing money, and when they do this they will be going back up in profits

Mitchell said...

Great article, wonder what's going to happen to these companies.

Ill said...

interesting...

314 In The Sky said...

wouldn't two fail companies coming together just make an even bigger fail company?

George Valentine said...

i think verizon will be ok, but only time will tell

Fearthezebra said...

I cant wait for this deal to go through. +Following

Micah Goss said...

I hope not, I actually like Verizon. All I hear my friends complain about is AT&T's network. Followed.

mast3rcloak said...

it's almost like a monopoly =/

husar said...

good job, nice post

+ follower:)

techKNOWLEDGEy said...

I'm a tmobile customer.
I'm a little worried about what's going to happen to me in the coming months.

jmacabroad said...

My friend mentioned this; I honestly thought he was lying.

jblogger45 said...

verizon will always be better than at&t

Jellybro said...

I had no idea at&t was so big 0_o

Tibble said...

In the UK two major networks are looking set to merge. followed for further info

CandleintheDark said...

This is awful for the consumer!

Great blog by the way. Following!

Jeff Bracken said...

Verizon is still better. Get's way better reception

Joe said...

Very true, Jeff, very true lol

Trading Tips said...

Hopefully AT&Ts network will improve!

Ano said...

true, so true! :)

brsrkr said...

Damn... They're big monsters that like to omnomnom each other... following man, keep us to date with this please.

Team Panda said...

you said it man

Elucid said...

That would be some serious anti-turst issues right there. The FCC may not be great but it does have its rare moments.

Jase said...

interesting update!

DorfinAllDay said...

megacorporations eh?
sounds dangerous.
i'd like to hear more
followed!

WayTooSexy said...

This would create a corporate giant!

ironchefman said...

I had ATT and TMobile once, and wasn't happy with either. I hope they don't takeover anything.
Maybe the threat of larger competition means my Verizon plan will get cheaper?

ColdFyre said...

I used to be on Verizon, now I am on Sprint. I hope it never gets swallowed up, I am quite happy with the service!

Post a Comment