Bloomberg News reported that Verizon Communications Inc. is considering merger possibilities to reset the course of the company given the fast-changing structure of the industry, and would be open to talks with Comcast Corp., Walt Disney Co. or CBS Corp., said Chief Executive Officer Lowell McAdam.
Verizon, the largest U.S. wireless carrier, is seeking new sources of growth as the mobile-phone business matures and its new media ventures take time to gain traction. As the company upgrades its infrastructure to provide fifth-generation, or 5G, services, Comcast's fiber assets in particular would help handle the surge in capacity demands. And McAdam would entertain deal talks with Comcast CEO Brian Roberts to achieve those goals, he said in an interview Tuesday at Bloomberg's New York headquarters.
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Nothing was said about anti-trust concerns or the concentration of too much economic power into a single company, other than mergers are possible with Trump in the White House.
(Anyone remember that we broke up the old Bell System because it was too big, despite it being tightly regulated?)