The iPhone Effect

How has the global economic crisis affected the large wireless carriers?

If you own a smartphone and pay for data, you probably have a pretty good idea. But here’s a number for you: as reported in the Seattle Times, AT&T’s revenue on data plans rose from $689 million in 2004 to $22 billion in 2011.
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But you know, they simply can’t afford to permit the continued existence of an open Internet, right?

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