Eric S. Raymond:
[Over the last ten years] "...the carriers have been losing money to the tune of about 1% of ROIC, but with the losses largely masked by inflation."
"From the financial-minimax point of view, the cell buildout is done. We won’t see dramatic coverage improvements before a technological break that dramatically lowers cost per square mile covered."
RTWT. And consider the additional pressures from "Net Neutrality" and the FCC push for more wireless bandwidth. Something's gotta give.
Yankee Radio Tool Kit, #106
51 minutes ago