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: 1) by Bob9113 on Saturday February 22 2014, @02:30AM
I don't think that wireless carriers fall into the category of a free market because the barriers to entry are high. There is only so much wireless bandwidth available, and it is all owned by a few players.
Very agreed, and well put. T-Mobile only moved them from minimal effective competition to limited effective competition. Every little bit helps, and more would be better for everyone.