Will BellSouth let the AT&T deal go south?

The merger of Bellsouth and AT&T still isn't a done deal, having been caught up in politics at the FCC. One analysis, from the excellent if somewhat erratic newsletter DSL Prime, suggests that BellSouth chairman Ed Whitacre is in no mood to let the commission shake him down--and may be willing to let the purchase get unmade. After all, changes in the stock price mean that the merger is costing his company $17 billion more that it did when the deal was announced in March. What's more, there's a new study that says telecom mergers don't add any efficiencies to the market anyway.

For more information about the BellSouth/AT&T merger:
- read this article from DSL Prime