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"Verizon could potentially lost market shares if the acquisition is completed. "AT&T's latest move will likely have repercussions throughout the industry. For example, it could force Verizon to make a play for Qwest Communications, the fourth surviving Baby Bell operating company. Verizon announced its bid for long distance carrier MCI last year after SBC had announced its acquisition of AT&T...
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Verizon announced its bid for long distance carrier MCI last year after SBC had announced its acquisition of AT&T. Verizon entered a bidding war with Qwest Communications , which offers local phone service and high-speed Internet access to customers in 14 western states. Eventually, Verizon paid $8.44 billion for the formerly bankrupt MCI ...
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