Best Buy Admits Defeat, Gets Rid of Speakeasy

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By Om Malik via New York Times

Best Buy agreed to merge its Speakeasy DSL business with Covad and Megapath today, creating a managed service local exchange carrier, and sounding the death knell for independent DSL providers. In return, Best Buy is getting a minority stake in the combined company, which to me is a euphemism for fire sale.”

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