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Monopoly corrupts. Absolute monopoly corrupts absolutely.





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Existing wireless telecoms retain dominance

The Economist magazine (though it calls itself a newpaper) reports on the recent US airwave auctions to provide additional band to wireless providers (link here). The bottom line seems to be that competition remains in the hands of existing firms.

"Despite hopes that a new national operator might emerge, the spectrum largely went to existing wireless firms (with the exception of a consortium of cable companies partly backed by Sprint).... The result is that today's broadband duopoly between the fixed-line telecoms operators and the cable companies is now moving into the wireless sector." Great news.


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