Quote:
Originally Posted by Vexx
They auto-getto the T-mobile customer base *and* they reduce the "other choices" their existing customer base has to go. Customers are generally getting dissatisfied with AT&T (worst performance in consumer report studies) but this is easier than actually *changing* anything... like infrastructure, billing structure, or customer service.
Seriously, modern corporations are not about competition, innovation, or free-market anything. They're about locking in customers, maintaining existing revenue frameworks, and predictable revenue streams -- none of those are *inherently* evil, but they consistently make the less healthy-for-the-consumer choice in pursuing those.
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I don't know how much theoretical economics apply to RL like this, but I do know that in history, consolidation of a market by a single provider will result in a breakout, or a decline in the usage of the product. It won't make a difference to their income streams because people are simply going to not use what they can't afford.
At this rate they are killing themselves and their customers. If their stock prices fall, less people will want to invest in them, and they will have to look for another telecom provider to buy. Then their customers will use less and less of their services so as to avoid incurring high costs, and the telecom will incur less accounts receivable to fund their operations with.
The shareholders should really go on a witch-hunt now. Or dump their stocks.