siliconwafer writes:
"Competition among wireless providers could hurt profits in the wireless industry, according to a report by Reuters. T-Mobile's aggressive price structure, abandonment of contracts, and termination-fee payments have put downward pressure on mobile costs for consumers, and Wall Street analysts are forecasting a reduction in profits in the wireless sector as a result. AT&T in particular is showing signs of stress. While this may be bad news for the wireless industry, it's good news for consumers."
(Score: 5, Insightful) by dry on Thursday February 20 2014, @10:47PM
Why the hell do most industries, especially the ones with high barriers to entry, think that they deserve record profits every quarter? Why not just be happy having a decent return on investment?
https://en.wikipedia.org/wiki/Inverted_totalitari
(Score: 0, Redundant) by Appalbarry on Thursday February 20 2014, @11:45PM
Damn - never mod points when I need them. This is something I've said many, many times - why are some industries guaranteed a big profit while other have to just compete without help? And what ever happened to making a reasonable profit instead of squeezing every last penny out of your customers?