Americablog.com: This is actually pretty straightforward. You're being robbed; here's how. So let's call this a Quick Hits.
Per Matt Stoller writing at the Republic Report (my emphasis and paragraphing):
Last year, a new company called Lightsquared promised an innovative business model that would dramatically lower cell phone costs and improve the quality of service, threatening the incumbent phone operators like AT&T and Verizon. Lightsquared used a new technology involving satellites and spectrum, and was a textbook example of how markets can benefit the public through competition.
The phone industry swung into motion, not by offering better products and services, but by going to Washington to ensure that its new competitor could be killed by its political friends.
And sure enough, through three Congressmen that AT&T and Verizon had funded (Fred Upton (R-MI), Greg Walden (R-OR), and Cliff Stearns (R-FL)), Congress began demanding an investigation into this new company. Pretty soon, the Federal Communications Commission got into the game, revoking a critical waiver that had allowed it to proceed with its business plan.
This comes after new net neutrality laws pass in California.
AT&T’s CEO John Stankey said that he expects the pay-TV industry to soon hit a level of little or no growth. He predicts that it will plateau once the number of pay-TV subscribers falls somewhere between 55 and 60 million users.
PCMag released its Fastest Mobile Networks report and there are plenty of interesting insights to be found, including ones about 5G.
I am not surprised. In America we have a consume, consume, consume attitude, how would we ever realize that we are over paying for anything!
seriuosly my t-mobile bill is $150.00 a month, more than a years worth of service in Finland. What the article didnt mention was the data, messaging, insurance for 600 dollar phones ect...
I think its especially true as well here in Canada, where cell rates are worse than the US...
shut up and obey :)
Welcome to the United States where the rich determine the prices for the middle and lower classes.