Back in the middle 1980’s there was a phenomenon called the web bubble. Web companies swallered smaller companies. Start up’s were swallered up by bigger firms , facing being shut out. Many who survived that , got out just before the bubble burst and came out better had they stayed in.
Today we are seeing companies in financial difficulties being bought out by bigger giants. Comcast bought NBC/Universal, A.T.&.T. bought T-Mobile, NBC also bought Bravo, the Weather Channel, as well as USA/ScyFy , and the evolving epidemic of take overs are all over the place. All of this reminds me of urban encroachment that occurs when a developer seeks wide expanses of land, goes in a swallers up some farmers farm to build farms.
I will say its true when a firm or farmer is near dire straits and somebody with really deep pockets comes in and offers big money. Its hard to turn it down. Over the years many have tried to take over our media operation. Not becuzz we are in dire straits, but becuzz we are threatening to many traditional Radio and or TV stations. I want to say here and now, HazzardAyre and the Confederate Star Network are not now nor will ever be for sale at any price.
That all said, I have received information that the predominant Telco in our region is also selling out.
That’s right Qwest is being swallered up by a company called , CenturyLink. What will this do for you and your phone/Internet service? Will it improve? Will CenturyLink bring our Telecom services into the 21st century ? I can only hope so. The question is; when are we as consumers going to say no? No, to massive corporation take overs that will certainly take over our lives? Some take overs are good. When Bonneville Power Corp, was taken over by Scottish Power from Scotland many were afraid that local control of their power company would result in really poor service. In fact the take over resulted in Utah Power becoming Rocky Mountain Power and as such greater resources and dependable electric supplies are better and strengthened.
Maybe this will be the result of Qwest’ take over by CenturyLink.
Maybe not. What I can say is , I see another tech based bubble reforming.
L8R
