AT&T is bidding to buy Bell South for $67 Billion. They certainly have lots of billions floating around don't they?. They spent $41 Billion in 2004 to buy AT&T Wireless. (I know it's confusing, but in 2004 they were still Cingular and then SBC and now AT&T. Those marketing people are so smart!) And those financial people.... it is expected that the buyout will save $2 Billion a year, after layoffs of course! They cut around 7000 jobs after the AT&T Wireless buyout. And the ROI is what?
I wonder when the next telecommunications monopoly investigation will be triggered and exactly how much will that cost us. I am running short on my Billions!
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