Earlier this week, there was a lot of speculation that Verizon Wireless was going to launch a $99 unlimited plan.
That speculation turned to reality yesterday as both Verizon and AT&T did just that. Wall Street reacted quickly by giving both stocks a little 'pounding'.
It's ain't over til it's over? (You knew this was coming)
Reuters is reporting on the potential that Sprint is planning to undercut both carriers significantly. Sprint has been losing market share in the US, in particular, since the iPhone exclusive with AT&T.
Sidebar: Those in rural areas may have had a surprise this week as the FCC gave the OK to turn off the legacy analog cellular systems throughout the US (known as AMPS). There's was some confusion with the announcement. While AT&T is expected to turn off their first generation digital TDMA service.....
CDMA, GSM and other newer generation phones are not effected.
Most reports indicated that approximately 1% of existing cellular users lost coverage.