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Oh, the good old days of telecom monopoly

Oh, the good old days of telecom monopoly

Hey, remember when AT&T owned the telecom world? Good times. Good times, in fact, that we may be about to revisit. AT&T will buy BellSouth for $67 billion, making it a telecom monolith with full ownership of Cingular Wireless. And in response, Verizon could try to buy Qwest Communications and buy out Vodafone's stake in Verizon Wireless...and pretty soon, we'd be only one or two moves away from telecom monopoly checkmate. Then in comes the government, and we get to start the dirty little play all over again.