AT&T applies to end obligation to service landlines in California

Re:AT&T applies to end obligation to service landlines in Ca... by darkwizard42 on Saturday February 03, 2024 @11:52AM (#39242117)

12% in perpetuity with no stress the number will go down and lots of (imho insidious and customer unfriendly) ways for it to go up is in fact "printing money"

Being able to make money risk free without risk of competition always ends up being worse for the customer and bad for the overall economy (in terms of efficiency)

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Re:AT&T applies to end obligation to service landlines in Ca... by simfree on Saturday February 03, 2024 @02:56PM (#39244136)

This is why AT&T keeps looking for the next big thing that will net them double digit margins in perpetuity with minimal effort.

They have bought and damaged the following assets in pursuit of this goal: DirecTV, HBO, CNN, Cartoon Network, Warner Bros and more.

AT&T has terribly mismanaged and damaged these assets, from destroying their carriage agreements with Dish and other cable companies for HBO, reducing their revenue by hundereds of millions a year, to, to more than halving the value if DirecTV by destroying its value proposition and failing to retain the customer base.

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