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Not to belittle your point (since I agree with you), but didn't AT&T get owned simply because the MaBell monopoly no longer existed and thus couldn't simply acq
by beambot 14y ago
Not to belittle your point (since I agree with you), but didn't AT&T get owned simply because the MaBell monopoly no longer existed and thus couldn't simply acquire the up-and-coming wireless carriers? Perhaps that's not the best example.
- trimbo 14y agoThat certainly marked the end of something for them. But they continued to be a very powerful company for another 10-15 years. They leveraged their long distance business to buy everything in sight in the 90s (cable, mobile, even NCR). But by the time the internet bubble came, and everyone built out massive amounts of fiber, that ate the lunch of long distance in a matter of a few years (hence my "5 years" claim above -- they had to start selling assets in 2000 and were acquired in 2005).