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AT&T/SBC/Bellsouth/Cingular is bigger than AT&T was in 1984 when it was broken up. And now with Alltel (and MCI) sold to Verizon and Sprint on the ropes and possibly being sold to Deutsche Telecom you will have 3 Mega phone companies in the US compared to 12 viable competitors a decade ago.
In the cable space Earthlink will fold soon leaving TW, Comcast, Cox, Brightlink (as a grey cable provider) competing with AT&T DSL.
And in case you haven't noticed, broadband of all flavors including wireless broadband, is at least a decade behind the rest of the world, here in the US. It's really crap. In South Korea you can get 6Mbps to your phone which is about 6-8x the average rate you can get in the US from the best and most expensive 3G service. In Japan you can have concert tickets sent right to your phone where you can beam them at the ticket "puncher" at the venue. A decade ago you needed permission from Deutsche Telecom to move a phone in your own house. Now they're eating our lunch.