By Anusuya Lahiri
U.S. wireless carriers and broadband-internet providers are fighting to win customers from each other, the Wall Street Journal reports.
Wireless carriers exploited the excess capacity on next-generation networks to win traditional broadband-internet users, while cable companies retaliated with new and cheaper cellphone plans.
The competition, in several instances, helped consumers to beat inflation.
The cost of internet service rose by 1.7% in July year-on-year. The consumer-price index rose 8.5% in July, WSJ wrote.