Source: iStock | MARINADEMIDIUK
Amazon.com is reportedly talking to wireless carriers about offering low-cost or free nationwide mobile phone service as a perk for Prime subscribers.
The retailing and technology giant is negotiating with Verizon, T-Mobile and Dish Network and has held talks with AT&T about possibly reselling their wireless plans from $0 to $10 a month, according to a report from Bloomberg. The average American pays $144 per month for their phone bill, JD Power told CNBC.
Amazon would become a mobile virtual network operator, which means it could pay to use an existing telecom’s mobile infrastructure network to launch its plans. Google offers such a wireless network through T-Mobile.
“We are always exploring adding even more benefits for Prime members, but don’t have plans to add wireless at this time,” Amazon said in a media statement.
“We are not in discussions about inclusion of our wireless in Prime service, and Amazon has told us they have no plans to add wireless service,” T-Mobile said in a statement. Verizon and AT&T issued similar statements.
The Wall Street Journal reported last month that Dish was in talks to sell its nascent phone service through Amazon.
The Bloomberg report indicated talks have been ongoing for around two months. Amazon may take several months to launch the service or scrap the plan entirely.
Amazon’s intent to offer a discounted or free wireless plan arrives as a recent report from Consumer Intelligence Research Partners (CIRP) concluded Prime membership growth has flattened since the subscription’s annual fee in early 2022 was raised from $119 to $139. Amazon disputed the report.
Amazon’s overall growth has also slowed since the pandemic boom it experienced, and Prime faces competition from Walmart+.
An Amazon partnership could help carriers recoup billions spent building 5G networks. Some analysts have expressed doubt carriers would partner with Amazon given that their entry could spark a pricing war in the telecom space.
Amazon would also likely face intense regulatory pressures over customer data linked to cell phone coverage.
Glenn Lurie, Stormbreaker Ventures partner and former CEO and president of AT&T Mobility, believes Amazon would have to heavily subsidize such a discounted plan. “When you start talking about zero or $10, the math doesn’t really work,” he told CNBC.
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