A Glass Half-Full of Billions of Dollars

The massive consolidation of telecom companies into a handful of mega-companies is maybe probably a bad thing? I mean, I guess. But things can only get better, because they actually cannot get any worse, since there is basically nothing left for them to glomerate, for now:

Telecommunications bankers are running out of deals to pitch. Over the past three years, a rush of multibillion-dollar acquisitions has reshaped the United States wireless market. Now, with Sprint and T-Mobile zeroing in on an agreement to join forces, one of the last big deals for the industry may be nearing an announcement.