Monday, June 20, 2011

The Secret $8 Billion Wireless Scam: How AT&T, T-Mobile and Verizon Game the System

By David Rosen and Bruce Kushnick, AlterNet
Posted on June 16, 2011, Printed on June 20, 2011

On May 11, the U.S. Senate Judiciary Committee held a hearing astutely titled, "The AT&T/T-Mobile Merger: Is Humpty Dumpty Being Put Back Together Again?"

At the hearing, Chairman Patrick Leahy, D-Vermont, raised a fundamental challenge: “At present, four companies control nearly 90 percent of the national wireless market. The proposed acquisition would further consolidate an already concentrated market for wireless communication.”

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