What would you buy if you had 39 billion dollars?

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Industry Observer

Well, if your answer is, "Buy T-Mobile" you're too late.  AT&T beat you to it.  They announced the acquisition today.  I guess the cute commercials about AT&T's underachieving network will soon be history.  It also could mark a beginning of the end of aggressive price competition in the wireless industry.  The deal was a surprise to many, while the only rumors circulating were about a possible Sprint and T-Mobile merger. Looks like Sprint stands alone for now.

In the future, shopping for a cell phone and carrier will probably get easier, if not quite as economical.

Posted by

 Mike Carlier  Lakeville, MN

 

612-916-3033

 

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Rainmaker
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Palm Springs Realtor Stewart Penn
Windermere Real Estate - Palm Springs - Palm Springs, CA
Windermere Real Estate - Associate Broker

"Big Business" is alive and well in America.

Did you see that Goldman Sachs is repaying Warren Buffet's $5.6 Billion "Investment" ......?

I'm sure there's a lot more to that story.

Mar 20, 2011 04:54 PM #1
Rainmaker
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Mike Carlier
Lakeville, MN
More opinions than you want to hear about.

Buffet's investment carried an interest rate of 10%.  Avoiding paying half billion dollars a year interest is all the reason necessary on that one.

Mar 20, 2011 05:02 PM #2
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Mike, definitely not more economical if another competitor gets swallowed up. Humpty Dumpty is being put back together again. The rich get richer, the middle class gets flattened.

Mar 20, 2011 05:35 PM #3
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Rainmaker
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Mike Carlier

More opinions than you want to hear about.
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