TMONews
TMONews

AT&T and Verizon own nearly 70% of the U.S. wireless market. Let that sink in for a second. Almost 3 out of 4 people with a cell phone or tablet have coverage from AT&T or Verizon. Now, the FCC is considering whether the increase the max size of spectrum reserves to help non-major carriers have a better chance of purchasing low-band spectrum. AT&T and Verizon say that doing this would be “government interference.”

Let’s set aside the fact that AT&T and Verizon both spend millions in DC to have legislation passed which restrict any competition in their industry. According to Scott Bergmann, VP of regulatory affairs at CTIA, the nation’s largest telecom trade group, the industry is competitive enough and there is no need to create competition. Yes, apparently two companies owning almost 75% of the wireless industry means that competition in the country is thriving.

Is it any wonder than U.S. customers pay ridiculously high amounts of money per month on wireless plans compared to other parts of the world?

TheVerge
TheVerge

Let’s remember that CTIA is paid by the telecom powers. They were the group who put out maybe the single most embarrassing and panned video that I have ever seen: