ask alexa

Our new advice feature is in the works, to be released in the next few days. Please stay posted!
Subscribe to our RSS feed
EconLife.com connects economics to everyday life, current events and history.

notes

A big reason of why carriers are losing power is because “the device and software makers are riding the smartphone boom. They’re saddled with rising capital costs while much of the profit growth continues to accrue to Apple Inc., manufacturers using Google Inc.’s Android software, and companies making popular wireless apps.”