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This is funny, because it's true.
This is funny, because it's true.
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This is bloody brilliant.
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The oil companies did the same thing; broken up in the '80s but then later were allowed to get back together. Exxon/Mobile
Some how they manage to $$convince$$ FCC dudes that not having to compete is important to the health of the industry and thus better for the consumer.
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> Some how they manage to $$convince$$ FCC
> dudes that not having to compete is important
> to the health of the industry and thus better > for the consumer
The only real competition is in cell service and Internet. Landline long-distance is a dying industry (and can be defeated by dial-arounds anyway... remember the 10-10-321 ads?).
For cell service, there's still the same number of competitors as before, Cingular just got brought back into the AT&T fold.
For Internet there's no real difference either--it's still the local monopoly telecom versus the cable companies, and (soon) long-distance WiFi competitors. This doesn't affect that battle either.
The only thing I can think of it affecting would be long-distance trunk line market, but I think that's still vastly over-built and divided (among Sprint, the remnants of MCI, Verizon, etc).
anyone have a link to the entire segment? It explains the Cramer bit at the beginning, and has a lot of other Cramer-esqe stock tips.
I am positively wetting myself in anticipation of O'Reilly's appearance on Colbert's show. I may even watch O'Reilly that day to see Colbert. Nah.