The head of Virgin Mobile USA said on Tuesday he expects more consolidation in the U.S. telecommunications industry, including deals among providers who rent space on larger operators' networks.
Chief Executive Dan Schulman also reiterated that
Schulman told the Reuters Global Technology, Media and Telecoms Summit that, along with deals among mobile virtual network operators, he also expects other operators of wireline, wireless, and cable networks to consolidate.
"I do believe you're going to see continued consolidation in this industry," Dan Schulman said. "That should not be surprising to anybody. Over the long-term networks are commodities...what you need is more and more scale and more and more cost efficiencies."
Virgin Mobile USA is partly owned by Richard Branson's Virgin and Sprint Nextel.
