That leaves everybody with something they want. Merging CEOs get to crow about a new day dawning.
Regulators get to take credit for forcing corporations to do good things for people.
Newspapers get to run big headlines. On this topic Newsletters Wireless Watch. It's ironic, because mergers really don't change a thing. What creates a new day is new products and services, not financial transactions. As far as I've seen, telecom and Internet mergers slow product rollouts rather than hasten them.