InvestorsHub Logo
Followers 38
Posts 13155
Boards Moderated 0
Alias Born 07/09/2002

Re: None

Friday, 06/02/2023 1:18:31 PM

Friday, June 02, 2023 1:18:31 PM

Post# of 110100
Amazon has been in negotiations with Verizon and Dish Network to could offer wireless plans for $10 a month or lower to Prime members through these partnerships.

"We are always exploring additional benefits for Prime members, but don't have plans to add wireless at this time," an Amazon spokesperson said in response to a Reuters query.

"Amazon could certainly put a lot of its weight behind it and undercut competitors in the world's most expensive wireless market," said Christopher Ali, professor of telecommunications at Penn State University.

Brandon Nispel of KeyBanc Capital Markets said that Dish Network Corp, could provide Dish access to financing from Amazon that could help build out its network, while the other carriers my be less incentivized to change the current status quo of the industry."

We've run out of other people's Social Security taxes needed to subsidize our low income tax rates.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.