U.S. Mobile Price Wars Moderating?

source: Wall Street Journal

In the Internet and mobile era, price-per-bit, and often absolute prices, tend to decline over time. Periodically, even more disruptive periods of price wars erupt. Both trends--long term price declines, plus occasional outbreaks of especially-rapid price disruption--are part of the larger dynamic of market change.

Some wonder whether a recent severe price war in the U.S. mobile market might be moderating. It is possible. No period of especially sharp price competition lasts forever. At some point, though price competition never ends, its magnitude can moderate.