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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.