Concerns arise over telecom mergers
The Federal Communications Commission's decision Monday to allow some of the biggest telecommunications groups in the United States to band together may have surprised few, but some industry analysts are already questioning whether the mergers of SBC Communications with AT&T on the one hand and Verizon Communications buying out MCI on the other will actually help or hinder customers and the telecommunications industry as a whole.
For its part, the FCC is bullish about the prospect of the impending mega-mergers, stating clearly that it will benefit consumers as well as the companies involved.
posted by Fergie @ 11/01/2005 12:49:00 PM
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