Scalper1 News
A wireless price war might be easing, says MoffettNathanson, which upgraded Verizon Communications (VZ) to buy on valuation vs. AT&T (T) and upside from mobile video services. Verizon on Friday ended wireless promotions that offered aggressive data pricing discounts in family plans, a move that could improve profitability. Verizon also said it would stop offering two-year contracts, a move that will lower retail subsidies on mobile devices, Scalper1 News
Scalper1 News