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posted by
mattie_p
on Thursday February 20 2014, @09:36PM
from the but-think-of-the-stockholders dept.
from the but-think-of-the-stockholders dept.
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."
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Wireless Providers Competing More Than Ever
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(Score: 3, Insightful) by hash14 on Thursday February 20 2014, @10:59PM
But the thing is, "performing better" to the stock owners means, "how much money am I going to get?" And not how much over the next 2 years, it means only within the next quarter, because they don't have the maturity to make a reasonable, long-term investment based on producing a legitimate product.
So instead of working on actual engineering improvements, they instead come up with these bullshit MBA schemes [arstechnica.com] like, "let's make content providers pay for data too! (because we should just be allowed to collect money for free without doing any real work)."