Wall Street Journal | How the iPhone Zapped Carriers Wall Street Journal A big reason is that carriers are losing power to the device and software makers riding the smartphone boom. An advertisement for Apple's iPhone 4S at a Sprint Nextel Corp. store in Palo Alto, Calif. They're saddled with rising capital costs while much ... The iPhone Is Killing Mobile Carriers Deal-making frenzy dominated mobile in 2011 5 Biggest Mobile Stories Of 2011 |