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[grarpamp]

Telecom continues to eat shit and die.

The sooner you build more Distributed P2P RF and Fiber Nets
small one-time hardware investments, owned by each participant, piecewise
node by node, across the world, free transit, no subscription, forever...
the sooner you get more fun telecom bunkers and towers on
firesale for cryptocurrency.

Define: malinvestment. OK...
@TripleNetInvest
This deal is shocking and makes San Francisco's real estate office
market look stable A 1.5 million SF skyscraper (AT&T tower) in St
Louis is being auctioned w a starting bid of $2.5 million or <$2 SF 🤯
This is shocking given the building was sold by AT&T to a REIT for
$205 million in 2006 Troubles began not long after the sale in 2006 as
AT&T moved employees to nearby buildings w/ its HQ in Texas and far
fewer employees in downtown St Louis By 2017, the building was nearly
vacant. That same year, the lender sued the owner and foreclosed on
the property Just last yr, the building sold for just $4 million at an
auction - this is the second time the building is going to auction in
the last 2 years It's truly going to be interesting to see what
happens to all these office buildings located in prime, downtown/CBD
areas...