AT&T to buy BellSouth for $67B

AT&T has announced its intention to purchase BellSouth for $67 billion. Consumer groups say this is a dangerous move that will reduce competition in the marketplace, but most analysts think it is unlikely that U.S. regulators will step in to stop the deal. With consumer VoIP services, monopoly control over local phone lines simply does not have the same impact that it once did. Article

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