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Amazon's Boost Infinite Partnership Won't Change a Thing


E-commerce and cloud-computing giant Amazon (NASDAQ: AMZN) is adding a new perk for Prime members: access to a $25 monthly wireless plan. Amazon is partnering with Boost Infinite, a subsidiary of DISH Network (NASDAQ: DISH), to bring that company's unlimited wireless plan to Prime.

At first glance, this may seem like bad news for wireless incumbents like AT (NYSE: T) and . DISH is working on building out its own wireless network, and getting Amazon in its corner could drive customers away from the major wireless carriers. Standard wireless plans bought directly through AT and Verizon can be far pricier than what Amazon and Boost Infinite will offer Prime members.

Digging deeper, though, it's clear that this partnership is unlikely to change anything about the wireless industry.

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Source Fool.com

Verizon Communications Inc. Stock

€38.18
0.370%
The Verizon Communications Inc. stock is trending slightly upwards today, with an increase of €0.14 (0.370%) compared to yesterday's price.
With 23 Buy predictions and 1 Sell predictions Verizon Communications Inc. is one of the favorites of our community.
As a result the target price of 41 € shows a slightly positive potential of 7.4% compared to the current price of 38.18 € for Verizon Communications Inc..
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