By now, most tech investors should be acutely aware of the effective duopoly shared between AT&T and Verizon Communications in the telecom industry, and we recently saw this dynamic play out yet again. Recently, AT&T shelled out big time to swallow up a smaller company. Its agenda? Watch the following video to find out.

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Andrew Tonner, Austin Smith, and The Motley Fool have no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.