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Investors, sensing troubling times ahead for the top four mobile operators in the U.S., have whacked $45 billion off the combined market capitalization of AT&T, Verizon, Sprint and T-Mobile just since the middle of November. There are two things that seem to be worrying investors. One is the amount of money spent by carriers for more spectrum. The second worry stems from a recent warning from Verizon, saying that tough competition will affect profits.
Since the middle of last month, the U.S. government has sold $43.7 billion worth of spectrum to the mobile operators, and another auction ... *
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Investors, sensing troubling times ahead for the top four mobile operators in the U.S., have whacked $45 billion off the combined market capitalization of AT&T, Verizon, Sprint and T-Mobile just since the middle of November. There are two things that seem to be worrying investors. One is the amount of money spent by carriers for more spectrum. The second worry stems from a recent warning from Verizon, saying that tough competition will affect profits.Since the middle of last month, the U.S. government has sold $43.7 billion worth of spectrum to the mobile operators, and another auction ... *
from PhoneArena http://ift.tt/1uLfipd
via http://ift.tt/1uLfipd
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