As if times haven't been tough enough for T and VZ, AMZN says they want to get into the wireless business. Hello.
Verizon Communications , AT&T, and T-Mobile U.S. stocks were falling Friday, following a report from Bloomberg that Amazon.com is in talks with those companies, as well as Dish Network, to possibly offer low-cost or even free nationwide mobile phone service to Prime subscribers.
Amazon is negotiating with Verizon, T-Mobile, and Dish Network to get low wholesale prices, Bloomberg reported, citing people familiar with the matter. The talks have also included AT&T at times.
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.