The wireless industry in America is ruled by AT&T (NYSE:T),  Verizon (NYSE:VZ), and a handful of much smaller networks fight for scraps from the ruling duo's table. A wave of consolidation can change all of that.

In this video, Fool contributor Anders Bylund explains why MetroPCS (NASDAQ:TMUS) merging with T-Mobile USA is good for both consumers and the industry at large -- though he's actually more interested in what will become of third-largest service provider Sprint Nextel (NYSE:S).