US mobile market to consolidate

The strokers of beards and people in the know claim that the US mobile phone market is poised for another round of consolidation. Large manufacturers are getting more interested in the lucrative prepaid market and are set to squeeze the smaller rivals into buyouts.

Strategy Analytics, a market-research outfit said that big cellphone makers with less popular smart phones have been focusing on the lower end of the market, churning out devices for customers who don't sign long-term contracts. Samsung and LG Electronics have been named to hit smaller vendors that have gained footholds serving regional carriers.

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