Earlier quoted context omitted.
It's a good time for Amazon or Google to buy a Telco, Telcos valuations have lost between 25 to 45% since the beginning of 2020 [0] I guess that a state owned company would willingly be sold by its owner because states urgently need money. For example Orange sa (ex France telecom) is owned at 25% by the French state and French state just had passed a budget which is financed at half by debt (2021). Selling a company…
There's no point in buying a Teleco today, with 5G any of the FAANGs can create one with the money they have. Infact Google, Amazon, Microsoft and Facebook have proven experience in web scale, so 5G will be right up their alley
For example Google has tried to provide free Wi-Fi, at the time some people were afraid it would be some rehearsal for a Wimax deployment, it never happened.
8 years ago, Google made a lot of noise with their high altitude platforms (their so called balloons). They met some Telcos, but it went nowhere.
Long time ago Google had also a project to provide phone calls with interesting fees. It was a MVNO in practice but it never got traction even if Google had access to an incredible number of Android users.