We the recent announcement of AT&T making a bid to by T-Mobile for $39 billion does Verizon have anything to worry about in the upcoming change in the economy for wireless devices? Verizon says they have nothing to worry about at least in the short term, but in the long run to stay in the game they will need to do something. They will have to stay technologically ahead of AT&T or have better service. Either way this buy out is a major change to the wireless world because it will change the wireless service as we know it. With this buy out it will leave only 3 major wireless in America. But what most are concerned about is a monopolization. With a monopoly one company takes over all the other companies in its field of work leaving only one choice for buyer. The scarcity of services would decrease to one as all other companies would be bought out or run out of business. This could negatively affect the economy because they could drive prices up because there would be no competition. This would mean people would be forced to pay this price or not have a wireless server. Leaving less money to be spent in other areas of the economy.