Monday, October 27, 2025

Could Amazon Become a National Brand in the Wireless Industry? New Rumors Spark Discussion

Amazon (NASDAQ: AMZN) is supposedly in discussions with wireless carriers to offer low-cost or even free nationwide wireless phone service to its Prime members. However, according to the e-commerce giant, such plans are merely that: a rumour, and nothing more.

According to Bloomberg which cited people familiar with the situation, Amazon has reportedly been in discussions with Verizon Communications Inc., T-Mobile US Inc., and Dish Network Corp. to secure low wholesale prices— even as low as $10 per month— in an effort to entice increased loyalty among its big spending customers. The talks have reportedly been underway for six to eight weeks, involving AT&T Inc. at times, but the initiative may take several more months to be operational, if it gets off the ground at all.

However, an Amazon spokesperson was quick to quell the rumours, explaining that a nation-wide phone service isn’t currently on the horizon. “We are always exploring adding even more benefits for Prime members, but don’t have plans to add wireless at this time,” Maggie Sivson said in a statement, as cited by Bloomberg. Whether the rumours are true or not, though, this isn’t the first time that Amazon has ventured into the wireless sector. In 2014, Amazon launched the Fire Phone, but it was discontinued a year later.

Amazon Prime users in the US currently pay $139 per year for services such as fast free delivery, video streaming, and access to a vast music library. Despite these perks, Prime membership has stalled after Amazon increased the annual price from $119. Still, the Seattle-based retail giant has demonstrated its willingness to absorb billions of dollars in costs to boost Prime membership growth. The mobile operators, having invested billions into 5G networks, are ambitiously looking for new applications and sales outlets that could yield a return on investment.

Amazon last traded at $125.09 on the NASDAQ.

Information for this briefing was found via Bloomberg and Reuters. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. CANADA NEEDS better cell phone service and cost. The Canadian Government has not protected Canadians from paying one of the highest rates in the World however the CRTC / Government more than likely will not allow Amazon phone service … On the other hand .. Amazon and data collection, Cell phones give out a huge amount of personal data. Google phones and now Amazon phones. What could go wrong?

Video Articles

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

This Is Why the Gold Run Is Not Done! | Peter Marrone – Allied Gold

Recommended

Steadright Enters MOU To Acquire Historic Goundafa Polymetallic Mine In Morocco

Military Seizes Power in Madagascar After President Flees

Related News

Rumors Of Amazon Buyout That Have Since Been Disputed Still Sent Electronic Arts Soaring

In a case of much ado about nothing, Amazon.com, Inc. (Nasdaq: AMZN) was rumored to...

Saturday, August 27, 2022, 11:12:00 AM

Tech Names Top Layoffs In Past Year As Job Cuts Continue

Tech names are leading the pack of companies who have had massive layoffs in the...

Wednesday, January 18, 2023, 03:01:00 PM

Amazon: Canaccord Cuts Targets On “Macroeconomic Uncertainty And Inflation”

Amazon.com, Inc. (Nasdaq: AMZN) last week reported its third-quarter financial results. The company continued the...

Wednesday, November 2, 2022, 03:47:00 PM

Consensus Estimates For Amazon’s First Quarter Of 2021

Amazon.com Inc (NASDAQ: AMZN) will be reporting its first quarter financial results on April 29th...

Wednesday, April 28, 2021, 04:05:00 PM

Amazon Consensus Price Target Rises Following Strong Earnings

Amazon.com Inc (NASDAQ: AMZN) hit a new high on Friday, getting close to a $2...

Wednesday, May 5, 2021, 10:39:00 AM