Telefonica Denies AT&T Acquisition Rumors

And you might ask, “Why is this important on a Monday in mid-June 2013?”

Well, this is the second post I have read in the past week involving consolidation in the Telecommunications industry.  The other was overtures made last week between Liberty and Time Warner in the US.

Prediction:  Consolidation will happen in the industry.  Services will increase.  Cost to consumers will increase as well.  Its simple economics.

Thanks to Wireless Week