Regulation — A Word of Praise
Your Big Red Car is not one to praise regulation or regulators. No surprise there, eh?
Your BRC, in fact, is guilty of railing against regulation. Fair play.
Today, I rise to praise the outcome of a regulatory action — the approval of the T-Mobile – Sprint merger that leaves the country with three wireless providers of some significant substance. This was good regulation with a good result on the eve of 5G, creating three worthy competitors for your wireless dollar. Bravo.
The big three will serve 95% of the market as follows:
AT&T serves 100,000,000 customers.
Verizon serves 100,000,000 customers
The new T-Mobile/Sprint serves 90,000,000 customers.