Where are all the big telecom mergers?

The much-anticipated merger mania in the communications industry finally turned into a real deal this week, but it probably wasn’t the one most people were expecting.
Verizon outbid AT&T with a $3.1 billion offer for tiny wireless startup Straight Path Communications, which owns airwave rights suitable for super-fast 5G networks coming in a few years.
Meanwhile, almost all of the much larger anticipated deals have suffered symbolic setbacks, with the exception of one. Early on Friday,