T-Mobile's margins collapse in third quarter; carrier is now dead last among the four U.S. majors

* For some time, T-Mobile has been the tail wagging the dog in the industry. And while cutting prices and offering free music streaming helps the carrier's pro-customer image, the company is doing this at a financial price. The economic version of "there is no such thing as a free lunch" means that there are costs to lowering prices and giving away free data.



If you take a look at the charts below, which were produced by Jackdaw Research analyst Jan Dawson, you can see how T-Mobile's focus on the consumer is impacting their business. In the first quarter of 2013, T-Mobile had a drop in wireless ... *



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