Boston, MA 03\/11\/2014 (wallstreetpr) \u2013 The tussle to acquire more membership subscription in the US wireless market seems to be hitting up after T-Mobile US Inc. (NYSE:TMUS) <\/b>decided to carry out price cuts in an effort of out doing AT&T in the industry. T-Mobile has reduced prices for its 2GB Mobile share plan by 2% which will now go on sale at $65. The new offer will be exclusive to customers who subscribe to the company\u2019s 4G LTE service.<\/p>\n
T-Mobile US Inc. (NYSE:TMUS) <\/b>consumers will now enjoy unlimited talk time and text time with 2GB worth of data, under the new offer. AT&T on its part has opted to do away with its premium pricing and will consequently reduce its mobile share price plans as it tries to keep up with T-Mobile. The price wars is sure to interest consumers who will now find it easy, to switch between data plans that include a combination of both unlimited talk time and messaging.<\/p>\n
T-Mobile US Inc. (NYSE:TMUS) <\/b>has also raised the prices of its highest tier to $80 a month up from the usual $70. T-Mobile price cuts come as a surprise as it has been differentiating itself from premium priced competitors such as Verizon. T-Mobile has raised prices for its services as a way of keeping up with increased capital expenditure which has more than quadrupled since 2010.<\/p>\n
T-Mobile might be bought by Sprint<\/b><\/p>\n
Reports in the industry indicate that Sprint Chairman Masayoshi Son is more than eager to purchase T-Mobile US Inc. (NYSE:TMUS), despite the move already facing opposition from regulators. Son has been quoted as saying the merger of the two companies will more than improve their ability to compete the industry giants Verizon Communication Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T)<\/b>.<\/p>\n
Son led a $21.6 billion buyout of sprint last year and is seen as the only player in the industry with the capacity of purchasing T-Mobile having out bid Dish network for the acquisition of Sprint. Acquisition of T-Mobile has already faced scrutiny in the past especially after AT&T had proposed such a move in 2011. It is being reported that Sprint move to acquire T-Mobile has already been taunted as questionable by the Justice and Federal communications Commission.<\/p>\n
The merger if it goes through will be the third largest in the telecom industry sure to be more than capable in challenging Verizon Communication Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T) in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 03\/11\/2014 (wallstreetpr) \u2013 The tussle to acquire more membership subscription in the US wireless market seems to be hitting up after T-Mobile US […]<\/p>\n","protected":false},"author":10,"featured_media":17053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1648,1104,4213,922,4212,4812],"stock_ticker":[],"class_list":["post-17051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-att-inc-nyset","tag-nyset","tag-nysetmus","tag-nysevz","tag-t-mobile-us-inc-nysetmus","tag-verizon-communication-inc-nysevz","entry"],"acf":[],"yoast_head":"\n