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February 15, 2005

Telecom behemoths

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Posted by Dominic Basulto

In the wake of Verizon's $6.75 billion acquisition of MCI and SBC's $16 billion acquisition of AT&T, the New York Post takes a closer look at the rise of the new telecom behemoths -- and in the process, coins a new term ("teleclom" = telecom conglomerate). Bigger is better, writes the Post: there are already rumours that SBC may attempt to merge with BellSouth now in an attempt to counter Verizon's latest move.

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