Blog 9: Current Event

Find a current news article from either http://www.bbc.co.uk/news/    or    cnn.com and write 2, 12 sentence paragraphs over the article. Remember to include a introduction sentence, 5 details (10 sentences) and a conclusion sentence for each paragraph. The first paragraph should explain the event and the second should provide your reaction to it and what impact you think it will have on the world or history.


There are allusions of the AT&T and T-Mobile merger being dead. AT&T said that the deal with T-Mobile is off. Many believe that this is nothing more than a front to put to rest the heat the two companies are feeling from the FCC because there are accusations of there being antitrust violations due to the merging of the companies most likely being something of a monopoly. There is much to be lost of this deal that they have been entangled in for at least 8 months is broken off. AT&T will have to pay more than 3 million dollars to T-Mobile and will lack the necessary resources to carry out its next-generation 4G network. T-Mobile will not be a good position at all as a company that would losing revenue and beaucoup customers. As a merger, they beat out their strongest competitor, Verizon. However, on their own, they are are no longer competition at all for the legal power-house known as Verizon that has expanded its market-leading 4G  network to cover over two hundred million Americans and is by far the largest next-generation network.


I was aware of the merger between AT&T and T-Mobile, however, I did not know how well Verizon was doing. The deal between the two companies is arguably something that could be considered a monopoly. I opine that how disputable this is perturbing. It isn't clear enough what is and isn't a monopoly. That causes for business to get very sketchy and also equates that the safety of consumers is at risk. That is something that consumers really have to watch for with the economy being in its current state. It was also argued that under specific political governing, the merger could be deemed legal after all. This political governing, is dictated by the political party of the president in office. I don't like how uncertain and disputable everything is. In such a sophisticated society, you can expect everything to be cut and dry, straight black and white, there are going to be gray areas as the expression goes. However, I feel that most gray areas that are due to a law or regulation that was not specific enough was intentional. The creators wanted there to be gray areas for evasion of such in the future. It sounds something of a conspiracy, but I feel that "1%" the originators of the Wall Street Protest movement were referring to were onto something.


AT&T and T-Mobile merger: Not d…