Fear Socialism .. :| all hail capitalism

Another instance of hidden socialism… ๐Ÿ˜ …. ๐Ÿ˜€

AT&T Inc., the second-biggest U.S. mobile-phone company, agreed to pay $2.35 billion in cash to buy assets that regulators forced Verizon Wireless to sell.

The network assets and mobile licenses are for 79 service regions in 18 states, mostly rural areas, Dallas-based AT&T said today in a statement. Costs to integrate subscribers and other expenses will dilute earnings per share by about 6 cents in the year after the deal closes, AT&T said.

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