David Lazarus: With AT&T's proposed takeover of T-Mobile, consumer and market benefits are an illusion - latimes.com
AT&T says that by adding about 34 million T-Mobile subscribers to AT&T's 96 million-strong customer base, this will "create new jobs and economic growth in the small towns and rural communities that need them most."
Moreover, the merger would "leave the wireless marketplace fiercely competitive" and "intensify broadband competition throughout the United States."
And as if that weren't enough, AT&T says "the transaction will promote America's global leadership in mobile broadband innovation."
There you have it: Good for consumers, good for competition, good for the country......
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