It's a depressing day for competition in the cell phone business. Evil empire AT&T is going to swallow up its only serious competitor, T-Mobile. T-Mobile has been the only big carrier lowering prices in recent years, as AT&T and Verizon have been raising them. It's unthinkable this can pass by the FCC, but unfortunately, it will. As pointed out in this article, even if AT&T isn't allowed to kill its lower priced competitor, this move will effectively hobble T-Mobile for years.
AT&T to Buy T-Mobile