And if you have more than two lists to concatenate:
import operator
from functools import reduce # For Python 3
list1, list2, list3 = [1,2,3], ['a','b','c'], [7,8,9]
reduce(operator.add, [list1, list2, list3])
# or with an existing list
all_lists = [list1, list2, list3]
reduce(operator.add, all_lists)
It doesn't actually save you any time (intermediate lists are still created) but nice if you have a variable number of lists to flatten, e.g., *args
.