AT&T May Have Just Given Verizon a Gift
AT&T (NYSE: T) was the first of the big three wireless carriers to budge when it announced a price increase for some customers on older service plans. It's the first notable price increase by any of the big three carriers since T-Mobile US (NASDAQ: TMUS) completed its merger with Sprint.
The price increase -- focused on older service packages -- is designed to get customers to switch to newer unlimited plans. But Verizon (NYSE: VZ) may end up being a big winner from the price increases.
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Source Fool.com
