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End of phone subsidies masks sales slowdown

Analysts warn investors of distortion as US wireless companies shift to instalment plans
Wednesday, August 19, 2015 - 05:50

London

THE heavy discounting used by US wireless companies to get consumers hooked on pricey smartphones is going away - boosting near-term results while masking weakness in the industry's main business of selling monthly mobile services.

T-Mobile US Inc kicked off the shift away

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