Wireless companies are making more money, which is bad news for the rest of us
The recent announcement of T-Mobile and Sprint's merger has everyone thinking a little more than usual about wireless competition. The US has enjoyed a fierce battle between carriers for the last five years, which has seen prices plummet and new features like unlimited plans made widely (and cheaply) accessible.
But according to a handful of wireless analyst reports seen by Fierce Wireless, it's time for carriers and not consumers to reap the rewards for a change. Analysts note that pricing has "stabilized," fees are going up in some cases, and competition is down -- all good news for investors, but bad news for the customers whose higher bills are fueling those extra profits.
BGR Top Deals:
- People are going crazy over this new 50-inch 4K TV with built-in Fire TV for just $399.99
- Amazon’s 10 best Prime Deals of the Day on Sunday
Trending Right Now:
- Did a beloved Avenger just tell us he’s still alive after dying in ‘Infinity War’?
- T-Mobile’s new deal gets you an iPhone for $99 or a Galaxy S8 for $199
- The 2018 iPhone might be doubly bad news for Samsung
Wireless companies are making more money, which is bad news for the rest of us originally appeared on BGR.com on Sun, 15 Jul 2018 at 14:11:36 EDT. Please see our terms for use of feeds.