A spate of pricey telecom mergers this year could herald the most aggressive deal market in the sector since 2006, analysts say, pointing to the more than $80 billion in telecom and cable deals that have been completed or announced in 2013. Acquisitions are becoming a popular strategy because of the slowing demand for wireless and broadband services and the need for scale in order to build more powerful networks, analysts say. Bloomberg (6/19)
Mergers of this quantity and frequency “in my opinion” whether in the airlines, telecom, media, etc limit the customer’s options and will drive prices up and quality down. It also will cause higher unemployment and thus fewer people paying into the system hurting us all in many different ways.
If you are an investor in big business, think beyond the immediate and temporary dollar. There will be fallout from such actions. If you are a business owner, look to small business for your services, this is what keeps America moving forward. Smaller business like National ComTel will usually provide additional options, competitive pricing and most likely that personal and professional touch that we desire and deserve.