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Why not? They are against monopolies and got between AT&T and T-Mobile. Apple, as a carrier, would provide another choice. A good thing for consumers.
I doubt it will happen but only because Apple is very careful with its cash and as Azazel noted there are massive infrastructure costs to roll out a new network. Little fish, like Republic Wireless, piggyback onto existing infrastructure (they lease Sprint's). A new big player would not be competitive that way.
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