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> OK, but Google, AMZN, APPL and MSFT (the other side of the equation) can buy AT&T with their pocket change. AT&T has a market cap of ~$200B. Hardly pocket ch
by ac29 8y ago
> OK, but Google, AMZN, APPL and MSFT (the other side of the equation) can buy AT&T with their pocket change.
AT&T has a market cap of ~$200B. Hardly pocket change.
- onetimemanytime 8y agoNo, not pocket change. It was an expression. Bezos, alone, might need a loan to buy them :) https://people.com/human-interest/jeff-bezos-net-worth-141-billion-worlds-richest-bill-gates/ https://people.com/human-interest/jeff-bezos-net-worth-141-b... . Apple has (or had) more at hand than $200B. But then you have to assume At&t debts and liabilities too.
- brisance 8y agoRead the article. It says very clearly that AT&T has got "good" lawyers performing this schtick for years; some of them "write the laws" i.e. regulatory capture.