CU Testimony in Opposition to SBC/AT&T and Verizon/MCI Mergers
April 19, 2005
Statement of Gene Kimmelman on behalf of Consumers Union and Consumer Federation of America on “SBC/AT&T and Verizon/MCI Mergers Remaking the Telecommunications Industry Part II”
The recent wave of proposed mergers in the telecommunications industry — SBC attempting to gobble up AT&T, and Verizon trying to swallow MCI — mark the ultimate demise of the era during which consumers were led to expect more and more choices and lower prices for local, long distance, wireless, and the new Internet-based services exploding on the market.
Read more (PDF only)