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pinkstarburst

(1,693 posts)
9. To be fair, it's probably a considerable number
Thu Jan 16, 2025, 02:50 PM
Jan 2025

The article states they must give this $15 internet service to all families with kids who qualify for free and reduced price lunch.

So in NYC, according to a google search, that is 72% of children. That's a LOT of households.

In the rest of New York state, 41% of children qualify for FRPL. That's also a LOT of households.

I think this is legislation that has good intentions, but is not well thought out. If the state government wants to bring better internet access to families, perhaps they need to fund it, or work with internet providers to offer subsidies to bring the cost down to what they're proposing. Just expecting internet providers to eat the cost for what would amount to 50% of their customers is IMHO not reasonable.

Recommendations

2 members have recommended this reply (displayed in chronological order):

Cheap, greedy bastards. That can't be that many people! -nt CrispyQ Jan 2025 #1
To be fair, it's probably a considerable number pinkstarburst Jan 2025 #9
Wow. I had no idea it was that many. CrispyQ Jan 2025 #24
This message was self-deleted by its author WarGamer Jan 2025 #2
Will universal basic income stop this loophole that corps use? Has anyone ever calculated in2herbs Jan 2025 #3
What loophole are you referring to? MichMan Jan 2025 #11
There will likely be no reprecussions to AT&Ts decision, hence a corporate loophole. Just as commentary, in2herbs Jan 2025 #14
Why would there be repercussions to a company making a business decision ? MichMan Jan 2025 #18
If corps are not "forced" (at times) to provide a product against their wishes because it goes against in2herbs Jan 2025 #19
Yes n/t SickOfTheOnePct Jan 2025 #27
Well ... yea Lurker Deluxe Jan 2025 #29
To be fair SickOfTheOnePct Jan 2025 #37
To be fair... Lurker Deluxe Jan 2025 #39
My AT&T internet cost me $80.00 per month Emile Jan 2025 #4
I pay $85 per month for fiber optic. totodeinhere Jan 2025 #55
The closest fiber optic line is two and half miles Emile Jan 2025 #56
Yes, I had 6 Mbps DSL when I lived in a rural area. n/t totodeinhere Jan 2025 #57
State imposed price caps that are legitimately at or under the cost of rendering the service don't kelly1mm Jan 2025 #5
Wild AT&T offers 10g of prepaid unlimited data for $25 a month LiberalArkie Jan 2025 #6
For home internet? MichMan Jan 2025 #7
I use the hot spot all the time and the prepay ATT is also used for the portable hot spots use for all sorts LiberalArkie Jan 2025 #25
That would only last me days! in the stacks Jan 2025 #41
For low income folks affected by this, I highly recommend PCs for People jmbar2 Jan 2025 #8
That still is too much. in the stacks Jan 2025 #47
greedy rat bastards! mike_c Jan 2025 #10
How much does it cost AT&T to provide this service? Lets assume it is more than $15 per month. Why would kelly1mm Jan 2025 #12
I'm referring to AT&T mike_c Jan 2025 #17
How you do you know the service is still lucrative at these mandated price points? nt kelly1mm Jan 2025 #44
Plus ATT has spent billions upgrading infrastructure. totodeinhere Jan 2025 #58
Greedy? Mountainguy Jan 2025 #13
AT&T gross profit for the twelve months ending September 30, 2024 was $73.123B, a 1.61% increase year-over-year. Celerity Jan 2025 #22
Ok SickOfTheOnePct Jan 2025 #28
What is their cost basis? Are they actually incurring a loss at the legally-mandated prices? Celerity Jan 2025 #30
No idea SickOfTheOnePct Jan 2025 #33
disagree Celerity Jan 2025 #34
Fair enough SickOfTheOnePct Jan 2025 #35
Gross ... Lurker Deluxe Jan 2025 #31
see post 20 Celerity Jan 2025 #32
I agree SickOfTheOnePct Jan 2025 #36
Tax code is what it is Lurker Deluxe Jan 2025 #43
Do you agree with governments mandating developers set aside a certain percentage of new residential builds for low cost Celerity Jan 2025 #46
Well ... that would depend Lurker Deluxe Jan 2025 #48
40K usd as a mandated price is not reality in most (if any) areas of the US Celerity Jan 2025 #49
Agreed Lurker Deluxe Jan 2025 #50
Did they break tax laws? MichMan Jan 2025 #51
Gross profit is not net profit EX500rider Jan 2025 #40
did I say it was? Celerity Jan 2025 #53
So they would rather make $0 NameAlreadyTaken Jan 2025 #15
The US govt should provide high speed internet for everyone in America at a low cost. Yavin4 Jan 2025 #16
The Affordable connectivity program was a godsend from the Biden administration tishaLA Jan 2025 #42
Poor AT&T also pays no income tax. maxrandb Jan 2025 #20
Weak... Blue_Tires Jan 2025 #21
AT&T: HOW DARE THEY REQUIRE US TO MAKE INTERNET AFFORDABLE TO EVERYONE! sakabatou Jan 2025 #23
Low income internet users should consider themselves fortunate... hunter Jan 2025 #26
So glad I didn't sign up with them claudette Jan 2025 #38
Maybe the issue is means testing. Mosby Jan 2025 #45
When a business is required to lose money on a service, they stop providing it. Bonx Jan 2025 #52
Wonder if any other internet providers will follow ? MichMan Jan 2025 #54
Latest Discussions»General Discussion»AT&T kills home Internet ...»Reply #9