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Non-Tech : Kirk's Market Thoughts
COHR 138.18-0.6%Nov 18 3:59 PM EST

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Gottfried
Sr K
To: Gottfried who wrote (1425)6/18/2014 10:11:08 AM
From: Kirk ©2 Recommendations   of 26536
 
Remember when TV that covered your favorite sports teams was free and a phone for local calls was fairly inexpensive, had great call quality and reliability but was very expensive to make long distance calls? Then they broke up AT&T to get competition and lower rates for LD calls I seldom made. Now we pay over $1000 a year for wireless phone plans for smart phones we didn't know we needed, a lot of money for just a wire to our homes for local calls (loaded up with taxes) and add another $1500 or so if you want a really good cable/Dish/DirecTV plan and they do all they can to protect the oligopolies

News:
T-Mobile is looking to purchase a few smaller competitors to hedge itself in case the possible Sprint ( S) merger does not come down the pipe. The smaller carriers have a "low-band spectrum", which offers greater service in urban areas due to its ability to penetrate buildings. T-Mobile ( TMUS) is looking for this advantage in order to increase its share in the metropolitan market.

After reporting yesterday that AT&T ( T) will be the exclusive provider in the U.S. for its new smartphone, Amazon ( AMZN) is now in talks to determine who will be its provider in Europe. The company has already spoken to O2 ( TEF) and Vodafone ( VOD) in the U.K. Amazon is set to reveal the smartphone rumored to feature a 3D display at an event in Seattle later today.

Telefonica has offered to buy Mediaset's 22% stake in Distribuidora de Television Digital (DTS) for €295M ($400M). If the deal is signed, Telefonica ( TEF) will become the sole owner of the Spanish pay-TV company. On June 2, the company agreed to buy a 56% stake in DTS from Prisa for €750M. The agreement is pending regulatory approval, but would increase Telefonica's share in DTS to 78%. Telefonica is looking to expand its TV business to counteract its contracting phone industry.
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