Technology

Cell Phone Monopolies

21 Comments 02 June 2011

Not even two years ago, there were commercials in reference to the best cell phone company and plans that included AT&T, Verizon, T-Mobile, Sprint, and Alltel.  Now in 2011, we’re looking at having 3 major companies: Verizon, AT&T, and Sprint.

No one went out of business.  The big guys bought out the little guys.   Verizon grabbed up Alltel Wireless, and AT&T is working out a deal to acquire T-Mobile.  Verizon’s deal catapulted them to the top. AT&T will grab the #1 spot when its $39 Billion deal is done.

It would be somewhat of an oversight to say we don’t see where this is going.  We’re definitely heading to a market that has 2 or 3 companies.  We’re bound to have higher plans and stringent contracts.  A recent poll showed that a good portion of AT&T users were displeased with their service, but wouldn’t leave because of their exit fees.

Are we headed toward a monopoly on the cellular phone market?

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