While reading this article here, one section caught my eye. It was a statement from the Communications Workers of America (CWA) on how the AT&T/T-Mobile merger may be good for workers.
Here is the statement from CWA. Their stance is that as AT&T invests more money into expanding its wireless network (post merger of course), it will create quality jobs, which no doubt is a good thing, because we do need to address the issue of the unemployed here in the United States.
According to the Economic Policy institute, 12,000 quality jobs will be created “per billion dollars invested in a network.”
However, as I have mentioned in the past, I do believe this merger is a still a bad thing from a consumers point of view since it will concentrate the wireless market even more so, leaving consumers with fewer choices and less inovation due to a virtual monopoly in the wireless market.
Furthermore, what about the jobs lost as a result of the merger? Surely, the AT&T/T-Mobile behemoth will consolidate many jobs, such as billing, sales, retentions and so forth, leading to the many layoffs.