Selling off part of the prepaid business — under which wireless customers pay as they go rather than taking out subscriptions — might help soothe concerns raised by some state attorneys general. They fear that a consolidated, three-carrier market would harm low-income customers by curbing choices and raising prices. People familiar with the matter told Bloomberg News last week that the companies were considering the separation and potential sale of the prepaid business.

Source: Los Angeles Times May 20, 2019 13:10 UTC