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Tag: merger

  • Why Telco Mergers Destroy Jobs and Stifle Competition

    Why Telco Mergers Destroy Jobs and Stifle Competition

    Telco Mergers Result in Job Losses: Management from CenturyLink and Level 3 talked up their announced merger (CenturyLink will acquire Level 3) at the Citi Internet, Media and Telecommunications Conference this past Wednesday, January 4th. Combining Level 3’s backbone network with CenturyLink’s small and medium size business customers has definite advantages. While the synergies, cost savings…

  • FCC Restarts 180 Day Clock on AT&T/ T-Mobile Merger- Cutting through all the Hype!

    Tick Tock, Tick Tock The FCC is restarting the informal clock on the AT&T/ T-Mobile Merger effective today.  “As such, today, August 26, 2011, is Day 83 under the time clock,”  Rich Kaplan, Head of FCCs Wireless Telecom Bureau, wrote on the FCCs web site:  http://transition.fcc.gov/Daily_Releases/Daily_Business/2011/db0826/DOC-309294A1.pdf. The FCC 180 day clock is officially known as…

  • The Future of Broadband Video

    Mark Ellison of Patton Boggs LLP asks a very interesting question as to whether the future of broadband video is at stake in a post on the Law360 blog.  He asks this question in the context of the Comcast-NBC merger and he points out that securing content for its broadband properties is, in the opinion…

  • Gary Reback: US Government Must Enforce Antitrust Laws to Encourage Innovation

    On the need for government intervention in the free market to protect competition and encourage innovation Gary Reback is one of the nation’s most prominent antitrust attorneys, best known for spearheading the efforts that led to the federal lawsuit against Microsoft.   Gary spoke to an attentive and eager audience on May 14th in Santa Clara,…

  • Positive Signs and Positive Cashflow from One Telco

    Jeff Gardner, President and CEO of Windstream Communications, opened his keynote speech at U.S. Telecom’s Executive Business Forum with a note of appreciation to US Telecom for getting behind what he termed, “credit stabilization legislation.” These opening comments set the theme for his talk, which was primarily about the financial condition of his company. In…

  • An Unhealthy Industry: Telecom reports indicate continued contraction in revenues and growth

    Having just analyzed recent reports from telecom companies, we conclude that the telecom recession/ depression continues. Revenues are falling way short of expectation, growth is limited to mobile data, and profits are minuscule with the exception of Verizon (VZ). But even at VZ, the growth seems to be coming almost entirely from new wireless data…