Wednesday, March 23, 2011

Mobile Consolidation Won't Stop

No matter how the AT&T purchase of T-Mobile USA ultimately is resolved, and AT&T is betting it will get regulatory approval, consolidation in the mobile and fixed-line telecom business is not going to stop. That is what happens in a maturing business with huge scale economies.

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Equity Valuations are High, But are They "Too High?"

As common as it is to compare today’s artificial intelligence equity valuations to dot-com bubble levels, there is a reasonable argument to ...