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AT&T/T-Mobile Deal=Fewer Ad Dollars

"Wireless phone companies are among the heaviest advertisers in the country," begins a Wall Street Journal piece spelling out just how depressing news of the AT&T/T-Mobile deal is for media entities dependent on advertising.

According to figures quoted from Kantar Media, "telecom companies spent $8.75 billion on U.S. advertising in 2010" -- and AT&T is already talking about cutting duplicate expenses like advertising.

Read the whole story at Wall Street Journal »

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