This is sort of veering off topic, but it does seem appropriate to mention in this context..
They have similar nonsense in Mexico, Carlos Slim (incidentally the majority shareholder of the NY Times) make billions off of the backs of the poor in Mexico. The cell phone costs in Mexico are more expensive than in the US. So when adjusted by purchasing power, cell phones represent a huge financial burden on those least able to afford it but most likely to need it (due to decayed or non-existent telecom infrastructure in many parts of the country.)
If you want to see the effects of limiting competition (especially on the poor), Mexico is a case study. Before the Downvote Brigade starts naming Telcel competitors, one must remember that Carlos had an over 5 year monopoly on telecoms in Mexico before other market entrants were allowed to join the market, so essentially Carlos Slim and Co. were able to own the market before they had to compete, however by the time competition happened, they had a massive head start. Slim also owns/controls Telmex giving him almost total control of the internet infrastructure (and land lines) as well as cellular infrastructure. Mexico is a place where your cell phone plan might include "5 SMS messages a month" as part of your plan. That's right, 5. There's a reason WhatsApp just went nuts down there.
They have similar nonsense in Mexico, Carlos Slim (incidentally the majority shareholder of the NY Times) make billions off of the backs of the poor in Mexico. The cell phone costs in Mexico are more expensive than in the US. So when adjusted by purchasing power, cell phones represent a huge financial burden on those least able to afford it but most likely to need it (due to decayed or non-existent telecom infrastructure in many parts of the country.)
If you want to see the effects of limiting competition (especially on the poor), Mexico is a case study. Before the Downvote Brigade starts naming Telcel competitors, one must remember that Carlos had an over 5 year monopoly on telecoms in Mexico before other market entrants were allowed to join the market, so essentially Carlos Slim and Co. were able to own the market before they had to compete, however by the time competition happened, they had a massive head start. Slim also owns/controls Telmex giving him almost total control of the internet infrastructure (and land lines) as well as cellular infrastructure. Mexico is a place where your cell phone plan might include "5 SMS messages a month" as part of your plan. That's right, 5. There's a reason WhatsApp just went nuts down there.