Not that this comes as much of a surprise to anyone, but the FCC has completed an annual review of the United States wireless industry and found that it is lacking competition. The report said that customer concentration has increased by 32 percent since 2003, which means that customers are not distributed as evenly between the carriers.The FCC went on to say that while carriers are continuing to upgrade their networks even though we've been in a recession, the amount they spent on those upgrades decreased by six percent from 2005 to 2008. Lastly, the report stated that more people are using smartphones than before, which is fairly obvious since smartphones are becoming more powerful, cheaper, and more accesible as time goes on. Apparently as a result of the FCC's findings, Verizon and AT&T may be blocked from future spectrum auctions, giving smaller carriers Sprint and T-Mobile an opportunity to better their networks. What do you think of the wireless industry? We want to hear your opinion!
