ts, and concerns, the telecommunications industry has continued to thrive, because in a time of instability the most important commodity is information, and people need it to be current up to the minute, easily accessible from anywhere, and available in an emergency.
A Porter's Five Forces Analysis of the wireless telecommunications industry shows that the degree of rivalry among industry competitors is exceedingly strong. Some of the top players such as Sprint and Nextel have already merged, and there is a prevailing climate of industry consolidation that creates larger competitors of the merged companies, who then possess larger market share (Myers, 2005). The latest of these is the acquisition of Alltel by Verizon Communications for $28.1 billion, making Verizon America's largest cell phone provider and expanding its platform of network coverage accordingly (Sorkin & Holson, 2008). In February 2008,
...