FCC Not Convinced U.S. Market is Competitive Enough
The Federal Communications Commission has changed it stance on the competitive nature of the U.S. wireless market. Previously, the FCC labeled the market "effectively competitive." Due to a lot of consolidation in the market over the past 18 months, the FCC now says, "some things are not right." The FCC believes that competition has "dramatically eroded and is seriously endangered by continuing consolidation and concentration in our wireless markets." The FCC's report on competition notes that the market has consolidated by one-third since 2003, meaning consumers have fewer overall choices when it comes to wireless network operators and services. The FCC points out that the nation's two largest network operators — AT&T and Verizon Wireless — hold 60% of the entire market in terms of subscribers and revenue. The FCC stopped short of saying that it plans to introduce new regulations, but this new report and its findings lay the groundwork for change. The industry disagrees with the report. Verizon Wireless issued a statement, saying, "The U.S. has the most intensely competitive wireless market on the planet, and it's becoming more competitive by the day."
What the Heck is Going On?
the same FCC (same administration) that said it was OK for Verizon to purchase Alltel!!
The same FCC that reversed roaming agreements to make all carriers pay the same thing (April 21st 2010)?
The same FCC that Suggests Free Wireless Broadband (payed for by tax payers)!!Mar 9, 2010
The FCC just wants to free money so the US GOV can get it
"The industry disagrees...."
What a f*ckin' joke! The epitome of Corporate America's sick mentality. The most intensely competitive wireless market for WHO?! The top 2 carriers and their split of 60% of the entire US market?!?! Sounds like whoever issued that statement from VZW either completely misunderstood the context of the FCC's stance on this....or, like most Corporations - they're trying to play "the victim in a cruel, harsh, and inhospitable climate". Meanwhile, they're kicking the sh*t out of the little guys while raking in billions. Lame.
"Yep. You are correct. The industry IS anti-competitive."
Seriously. Of course, they are going to lie through their teeth.
The reality is that - and this is best for the customer - the company(ies) that offer the best products and services for the best price will h...
AT&T to Verizon(Via Luke Wilson): "Yo Mama So Fat Her belt size is Equator!
Where was this "FCC" during the VZW-Alltel merger?
I love these guys....
The reason? Everyone should be able to switch carriers without having to worry about purchasing new equipment.
Or, maybe we s...