The Industry Today

Telco Mergers

With the recent mergers of SBC with AT&T and Verizon with MCI, the Telco industry is most likely to heat up. Each company can now provide local, long distance, internet and wireless services. For the consumer this is most probably good news, considering the fact that competition will affect service prices and technology development will bring us more efficient forms of communication.

Where once the telecom industry was divided into local and long distance companies, these multi-billion mergers are the beginning of a new era of telecommunications. On the other hand, the remaining telcos will have to develop strategies in order to compete with these two new giants that seem to establish a firm dominion over the industry.

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