A GOOD THING OR NOT?

Since the beginning, I have been on the fence regarding the merger of AT&T and T-Mobile. Having gone through divestiture and the breakup of the Bell System, because it was a monopoly and prevented other companies from competing in the telecommunications industry, it appeared to me at every merger juncture that the FCC was giving the go-ahead to “put Humpty Dumpty back together again!” Then it seemed finally push back in the industry, the legislative issues involved and the many lawsuits, AT&T withdrew from the deal. I guess drawing the line somewhere was necessary, even if it seemed too little too late. From my perspective, the whole thing was a colossal waste of time and energy for government resources and a HUGE ($4B) moneymaker for Deutsche Telecom and their attorneys!