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MichMan

(16,196 posts)

18. Why would there be repercussions to a company making a business decision ?

Reply to in2herbs (Reply #14)

Thu Jan 16, 2025, 02:32 PM

Jan 2025

How can they be forced to provide a product against their wishes?

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pinkstarburst SickOfTheOnePct 2119GCO

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AT&T kills home Internet service in NY over law requiring $15 or $20 plans [View all] LiberalArkie Jan 2025 OP

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