Prof. Mara Faccio says her study points to loose regulation of cell phone companies as the reason for US cell phone bills being among the most expensive in the world.
By Kurt Darling
WEST LAFAYETTE, Ind. - If you want a cheaper cell phone bill, maybe you should consider living abroad.
A recent study by Purdue University researchers says the United States has some of the most costly cell phone plans compared to other countries. In 2015, the average cost of a mobile phone plan in the U.S. was $67 a month, compared to $23 in Germany and $31 in Denmark.
"What we show is that there has been a huge increase in concentration in the US market," said Professor Mara Faccio who helped conduct the study.