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Posted On: 04/20/2018 4:23:46 PM
Post# of 29251
• Verizon (VZ -1.8%) and AT&T (T -1.3%) have taken a sudden tumble on a New York Times report that the Justice Dept. has opened a probe into collusion.
• The DOJ is looking into potential coordination between the two companies and industry standards group GSMA to hinder consumers from easy switches of their wireless carriers, according to the report.
• That would have been accomplished by thwarting "eSIM" technology, which lets people remotely switch providers without inserting a new SIM card into their device.
• The two carriers are being charged with working with the GSMA on standards that would let them lock devices to their network in spite of eSIM, in a way that hurt mobile competition.
• The DOJ is looking into potential coordination between the two companies and industry standards group GSMA to hinder consumers from easy switches of their wireless carriers, according to the report.
• That would have been accomplished by thwarting "eSIM" technology, which lets people remotely switch providers without inserting a new SIM card into their device.
• The two carriers are being charged with working with the GSMA on standards that would let them lock devices to their network in spite of eSIM, in a way that hurt mobile competition.
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