US Wireless Data Prices Are Among the Most Expensive On Earth

A new study from Finnish research firm Rewheel has found that U.S. wireless consumers pay some of the highest prices for mobile data in the developed world. The mobile data market in the U.S. has the fifth most expensive price per gigabyte smartphone plans among developed nations, and was the most expensive for mobile data overall. Motherboard reports: While the report notes that mobile data prices have dropped 11 percent during the last six months in the States, U.S. mobile data pricing remained significantly higher than 41 countries in the European Union and the Organization for Economic Co-operation and Development. Normally, having four major wireless carriers helps boost competition, in turn lowering prices. But the Rewheel report was quick to note that the often stunted level of competition seen in U.S. wireless is more akin to countries where there's just three major players. Meanwhile, a monopoly over business data connectivity generally keeps consumer mobile prices high. According to the FCC's own data, 73 percent of the special access market (which feeds everything from ATMs to cellular towers) is controlled by one ISP. This varies depending on the market, but it's usually AT&T, Verizon, or CenturyLink. These high prices to connect to cellular towers then impact pricing for the end user and smaller competitors, those same competitors and consumer groups have long argued. Another area where prices were high: mobile hotspots. The report found that Verizon charges users $710 per month for its 100 gigabyte mobile hotspot plan. That same plan costs between $11 and $23 per month in several European countries.

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