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Both Verizon and AT&T warned investors that profits might decline is there that the current price war may be harming the wireless telecommunications industry.
What do you mean by Telecommunications Industries?
The telecommunications business is made up of cable companies, internet service providers, satellite companies, and telephone companies. Telecommunications is defined as communication across a long distance. The industry's roots can be traced back to postal courier services. Postal courier services were largely utilised to communicate with the armed forces. New communication systems, such as the telegraph and telephone, evolved over time. Soon after, major operating corporations such as Bell Telephone Company and American Telegraph and Telephone Company (AT&T) were created.
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