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.