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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, Informative) by No Respect on Friday February 21 2014, @02:57AM
AT&T is unloading all their POTS copper landline systems. Oregon, Connecticut, coast-to-coast basically. The reason? It's not that the landline business is not profitable, it's that they can make MO MONEY on wireless. And not just wireless, 4G and LTE, mind you, the gravy comes from overage charges for data use. Their publicly stated projections for revenue growth are predicated on gouging their customers.