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In recent years, customer bargaining power in the US Wireless Telecom industry has increased. Which of the below is a reasonable explanation? Costs to switch
In recent years, customer bargaining power in the US Wireless Telecom industry has increased. Which of the below is a reasonable explanation? Costs to switch from one wireless provider to another have reduced considerably. Verizon and AT&T are sharing some of the costs involved in building and leasing cell towers (wireless base stations). The US Wireless Telecom industry is an oligopoly. The leading wireless providers i.e., Verizon, AT&T, and T-Mobile account for over 90% of the market.
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