Verizon Wireless enters into agreement with three cable companies which may limit consumer choice

Mobile Commerce Industry

Verizon Wireless has announced that it will be entering into an unusual agreement with three large cable companies, and that this may change the way that consumers receive their internet, telephone, and cellular service, as these powerful firms join together over the mobile and home entertainment marketplace. This deal is among companies that have traditionally been rivals and has instantly drawn the attention of regulators, as advocacy groups say that the consortium may limit consumer choice. The new agreement has Verizon paying Bright House Networks, Time Warner, and Comcast a…

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