Tuesday, March 29, 2011

ATT - T-Mobile Deal -- Not a Bakken Story

One can see where this (the ATT/T-Mobile deal) is going.

Both ATT and VZ are up in the stock market. VZ hit a 52-week high today and ATT came within 2 cents of a 52-week high.

During the process, T-Mobile goes into a holding pattern. Both ATT and VZ should benefit during the process.

If the deal does not go through, T-Mobile becomes a niche player, and gradually disappears from the radar scope altogether. Both ATT and VZ win. They will split up the T-Mobile subscribers over time.

If the deal goes through, that allows VZ an opportunity to buy another telecom.

This is not an investment site. I just enjoy following the market, and I have interests outside the Bakken. Smile.