Profitability of the wireless communications services industry tends to be low throughout the world.A major reason for this is::
A)In most markets there are only three or four competitors
B)In almost every country,the national government is a monopoly supplier of wireless spectrum
C)Entry barriers are high due to the high costs of infrastructure
D)Increased video streaming is increasing the demand for wireless telecommunications

Question

Quizplus · Accepted Answer

The national government typically controls the wireless spectrum, making it a monopoly supplier. This control can limit competition and affect the profitability of the wireless communications services industry by dictating terms and prices for spectrum access.

Profitability of the Wireless Communications Services Industry Tends to Be