The Wall Street Journal 's Almar Latour reported on Friday (22 October 2005) about the upcoming mergers. As we have already mentioned, the FCC must approve the merger of SBC and AT&T, as well as the merger of Verizon and MCI. Latour writes: "...some critics will assail it as the reincarnation of Ma Bell. But the old phone monopoly is never coming back."
Is he right in this assertion? Why or why not?