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Technology Stocks : Apple Inc.
AAPL 267.26-1.4%Jan 5 3:59 PM EST

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To: Cogito who wrote (137224)7/9/2012 6:17:41 PM
From: Brian Sullivan3 Recommendations   of 213178
 

2:48 PM That Verizon Wireless ( VZ, VOD) and AT&T ( T) are engaging in price signaling - a situation where rivals quickly match each others' price changes - now seems to be admitted even by company execs. AT&T's axing of unlimited data was followed by Verizon doing the same, and all signs point to AT&T following Verizon's lead in migrating to costly shared data plans. With Sprint ( S) and T-Mobile ( DTEGY.PK) offering weak competition, this situation could continue for a while. [ Tech] 4 Comments
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