Originally published at USA Today
AT&T wants to spend nearly $49 billion to buy DirecTV. If you throw in DirecTV's debt, this deal would cost AT&T a whopping $67 billion. Earlier this year, Comcast proposed a merger with Time Warner Cable that would cost the company a total of about $70 billion.
For the enormous amount of money AT&T and Comcast are shelling out for their respective mega mergers, they could deploy super-fast gigabit-fiber Internet services to every single home in America. But these companies don't care about providing better and faster services, or connecting more Americans to the Internet.
These mergers are about eliminating the last shred of competition in a communications sector that's already dominated by too few players.... (Read the full commentary at USA Today)