We have seen a flurry of telecomm deals in the past few weeks. SBC gets AT&T for the enterprise book, and MCI finds a suitor in Verizon (hopefully ending their saga once and for all). But does it matter?
The markets feelings on the situation swing between exuberant to non-existent, depending on whether the deal was a foregone conclusion (see Forbes.com: Stocks Narrowly Mixed on Verizon-MCI Deal), or what after-effects the signed contract will bring (SBC to Cut 13,000 Jobs After Buying AT&T).
Again, what benefits are we going to see? I suspect there will be some alternating pleasures and pains.