A great take on the ATT/BellSouth merger

Wireless networks guru Paul Callahan has a great take on today's news: AT&T + BellSouth, big and scary nonsense. I love the lead-in:

Suddenly, the telecom world has become delusional. Why? Maybe it’s the numbers — $67 billion purchase price, $120 billion in sales. Apparently, such big numbers are the financial equivalent to LSD.

I can hear it now: "Oh wow man.... If you look at it closely, the at&t logo starts to look like that death star in Star Wars...."

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