While monthly prices are several times higher in more concentrated mobile markets – statistically significant correlations with confidence intervals as high as 99.99% – network performance and average download speed are NOT higher in more concentrated mobile markets.

What are the factors that significantly affect mobile prices? Market concentration has a statistically significant effect on mobile prices. The lower the market concertation (HHI) the lower price. The number of mobile network operators (MNOs) has an even stronger statistically significant effects on mobile prices. The higher the number of MNOs the lower the price. The presence of a maverick (disruptive firm) has as well a significant lowering effect on mobile prices.