This is the transcript for episode 366 of the Community Broadband Bits podcast. This episode originally ran as episode 77 of the Institute for Local Self-Reliance's Building Local Power podcast. In it, Christopher speaks with experts Gigi Sohn and Blair Levin about the possible impacts of the proposed Sprint and T-Mobile merger. Listen to the episode, or read the transcript below.
Christopher Mitchell: Welcome to another episode of the Community Broadband Bits podcast. I'm Chris Mitchell from the Institute for Local Self-Reliance, and today I'm going to introduce a double interview special. We put together this show for the Building Local Power podcast from the Institute for Local Self-Reliance but thought you might enjoy it as well. I recommend subscribing to the Building Local Power show for provocative interviews that you cannot find elsewhere about stopping monopolies and reclaiming the power in our communities. You're about to hear me and my colleague Hibba setting up another interview about the T-Mobile and Sprint merger and then talking about 5G more generally as well as why policymakers and frankly lots of people should listen to what analysts on Wall Street are saying. That's even if we strongly prefer our main street businesses and we're worried about the power of Wall Street. It's still smart to listen to these analysts. We'll talk about that toward the end of the show. Too many people, I think, listen to what the big telephone and cable companies are saying in their advertising and to policymakers, but they're ignoring what those same big monopolies tell Wall Street but the reason we should listen to what they tell Wall Street is that they can get punished for lying to investors, while we know, if you've been paying attention, that there are very few consequences for lying to us or for lying to policymakers. You can walk into a state capitol and say whatever you want, but if you're a big monopoly lying, you're still gonna be able to take meetings, get meetings with anyone you want. That's just how it works out there. So the Wall Street analysts often have, I think, insight that would be useful. And so, we'll talk about it toward the end, but we're going...Read more