T-Mobile trashes the wireless business model

Businessweek reports on T-Mobile’s disruption of the wireless telecommunications business.

Legere has not been overcome by a temporary spasm of crazed generosity. His is merely the first company in the U.S. market to acknowledge reality. Wireless telecommunications in the U.S. is on its way to becoming what the industry has fought against for two decades: a commodity business, where carriers and un-carriers all look the same and prices keep going down.

Legere displayed his Jawbone bracelet and Samsung smartwatch. “People are going to have devices,” he said. “As a new connected capability comes about, customers should be able to use it. No reason they should restrict it.” By “they,” he means the carriers, the other guys, who are trying to cheat you.