Posted by: Olga Kharif (BusinessWeek TechBeat) on February 19:
I've worked in the wireless business long enough that this kind of news really interests me. Olga Kharif calls it, "...a historic day in wireless." What do you think?
This is great news for consumers: In effect, wireless in going the way long-distance pricing had gone years ago. Per-minute prices are becoming irrelevant. One carrier’s service looks even more like another’s; comparing service plans will become a lot easier.
For wireless carriers, though, the news isn’t necessarily good.
Consider: Today, at Sprint Nextel, $100 buys 2,000 minutes. That’s about 33 hours of talk time a month. And there are several higher-end plans offering more minutes.
Starting today, high-end plans at Verizon, AT&T and T-Mobile are out to pasture.
As of today, $100 — the unlimited plan’s price — is the most a carrier can charge for voice service. The telcos could also get hurt as wireless-to-wireline substitution skyrockets as well.