Cisco CEO predicts that mobile data prices will ‘come down rapidly’

It’s not often that we hear speculation about wireless carriers actually charging customers less for wireless data services, but Cisco CEO John Chambers seems to think that it’s really going to happen in the near future. AllThingsD reports that Chambers told the D: All Things Digital conference on Wednesday that new developments in wireless transport will let carriers aggressively lower their prices as expansions in Wi-Fi capabilities will help absorb increased traffic from wireless devices over the next several years.

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