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Verizon To Acquire MCI For $6.7 Billion

An anonymous reader submits "Even after a last minute offer from Qwest Communications, MCI board members accepted a less lucrative offer from Verizon to be bought for $6.7 billion in cash, stock and dividends. The acquisition comes after Nextel Communications and Sprint Corp. partnered up in a $35 billion deal and SBC Communications Inc. and AT&T Corp. announced a $16 billion merger plan. So, what's next for the telecom industry?"

8 of 282 comments (clear)

  1. one company too rule them all by Anonymous Coward · · Score: 4, Funny

    and in the darkness connect them

  2. I'll tell you what's next by alexwcovington · · Score: 4, Funny

    The hot new board game from Parker Brothers hits the shelves: Telecom MONOPOLY

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    (It's never too late to join the Renaissance)
  3. I predict by beegle · · Score: 3, Funny

    ...that eventually, all of the US telecom companies will merge back into one. That single, surviving company will be known as "The Bell System" or, colloquially as "Ma Bell".

    You heard it here first.

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    --
  4. What's next? by cavemanf16 · · Score: 5, Funny

    What's next?!? The same thing we do every night, Pinky. try to Take OVer THE WORLD!

  5. Re:In other news... by Waffle+Iron · · Score: 5, Funny
    Cingular, Verizon, and Qwest merge

    The three were about to merge, but their plans were thwarted when it was discovered that the world's supply of stupid committee-selected synthetic corporate names has finally been exhausted, so there would be no way to refer to the new conglomerate.

  6. Next step by srhuston · · Score: 5, Funny

    Well, now that a few of them have merged, they'll probably stabilize for a little while, and then start buying each other up again. Pretty soon, we'll be down to one company providing phone service.

    Hey, wasn't there talk of TV over phone too? Maybe once all the companies merge, they could call themselves... American Telephone and Television? Or just AT&T for short. That has a nice ring to it. Ring! That's it, they can use a bell as their company logo! People can buy stock in it, and refer to "My Bell" phone company.

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    Three dits, four dits, two dits, dah!
    Radio, radio, rah rah rah!
  7. That's no moon... by TheLoneGundam · · Score: 3, Funny

    The DeathStar was broken up into little pieces, but apparently the dark side of the Force is bringing them back together. Admiral Vonage and General Skype will lead the rebel alliance Help us, Obi-For-Wan-Wan, you're our only hope!

  8. Q: So, what happens when you nuke Cthulhu? by Jedi+Holocron · · Score: 3, Funny

    A: Cthulhu reforms 15 minutes later, except now Cthulhu is radioactive.

    Q: So, what's next for the telecom industry?
    A: It reforms 25 years later into Ma Bell, except now it controls everything.