AT&T buy out

Today news came that AT&T going to be bought out by SBC for 16 billion dollars. Of the 16 billion dollars, one billion is going to be split up between the shareholders and the rest is for the buy out. AT&T has been thinking about selling because the competition has been taking there businees. AT&T has been around 120 years and in the last couple of years they can't keep up. I feel that this is going to be a bad thing for our country because SBC is becoming to large of a company. This is also bad because with less competition, companies can raise the price of phone calls. This has been a new trend for big business to keep buying each other out and I do not think that it is good for our country.