AMZN recently dropped a bomb with talks to offer low-cost wireless services to its Prime members, causing a decline in the shares of major U.S. carriers, including Verizon Communications Inc. (VZ), AT&T Inc. (T), and T-Mobile US Inc. (TMUS).
While an AMZN spokesperson stated that they had no plans to add wireless services currently, analysts suggest that AMZN's entry into the telecom space could lead to significant disruptions, potentially offering cheaper plans in a country known for high wireless charges.
