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Tuesday, January 14, 2014
T-Mobile is scaring Wall Street for all the right reasons
T-Mobile is scaring Wall Street for all the right reasons:
Here's how you know that T-Mobile is onto something: It's making Wall Street very nervous for all the right reasons. Reuters recently talked with several financial analysts who all expressed fear that T-Mobile was sparking a pricing war in the wireless industry and that carriers were starting to actually compete with one another for our business. Or as Reuters puts it, "the intensifying competition is a new challenge to a U.S. industry long used to imposing its will on consumers, and analysts fear it could result in the loss of billions of dollars of revenue."
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