wanderingstar writes "Bell South owns 10% of Qwest, the US' 4th-largest long-distance carrier and owner of a very high capacity backbone. Qwest has bid $55 billion to acquire US West (another Baby Bell) and Frontier. US West, in turn, is planning on acquiring 9.5% of Global Crossing (a competitor of Qwest's with their own $40+ billion bid in for US West) - a stake that would be included in a potential Qwest purchase. Anyone else need a roadmap to figure out the telecom business? " My big concern with these is that we are seeming to run into the same sort of incestous relationships that have plagued certain countries industries. Am I unfounded in my concern?
#NetNeutrality is STILL in danger - Click here to help. DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Check out the new SourceForge HTML5 Internet speed test. ×