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Corporate tax cuts, net neutrality rollbacks and easier merger reviews would all be positives for the big telecoms.
The Communications Workers of America (CWA) union gave AT&T 72-hours notice today of the possible walk out.
As of 6pm Thursday, Comcast, Dish, T-Mobile, AT&T, Verizon and others can resume strategic talks.
The vast majority of U.S. executives surveyed by Ernst & Young have one to three deals already in the works.