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Amazon $AMZN in talks to offer free mobile service to Prime subscribers in the U.S.
This news immediately negatively impacted telecom stocks such as $TMUS, $VZ and $T.
According to YahooFinance, Amazon has been talking to wireless carriers about offering low-cost, or possibly free, nationwide mobile phone service to Prime subscribers. Negotiations have reportedly been ongoing for...
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Great, thanks for the report. The news is great, however I would need some downside to buy the stock :)