siliconwafer writes:
"Competition among wireless providers could hurt profits in the wireless industry, according to a report by Reuters. T-Mobile's aggressive price structure, abandonment of contracts, and termination-fee payments have put downward pressure on mobile costs for consumers, and Wall Street analysts are forecasting a reduction in profits in the wireless sector as a result. AT&T in particular is showing signs of stress. While this may be bad news for the wireless industry, it's good news for consumers."
(Score: 2, Interesting) by unimatrix on Thursday February 20 2014, @10:56PM
Doesn't seem as though it has done so in Europe. When I lived in Germany 10 years ago I bought my phone and paid for the plan each month. Now my Wife and I are considering going to T-mobile since we have separate plans right now. Given the savings we'll get each month, the phones will pay for themselves in a year. So if we keep them for 2 or more we're money ahead vs. what we're paying now.