General Discussion

in the stacks

(14 posts)

41. That would only last me days!

Reply to LiberalArkie (Reply #6)

Thu Jan 16, 2025, 04:38 PM

Jan 16

Edit history

Please sign in to view edit histories.

Recommendations

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

58 replies

= new reply since forum marked as read

Highlight:

AT&T kills home Internet service in NY over law requiring $15 or $20 plans [View all] LiberalArkie Jan 16 OP

Cheap, greedy bastards. That can't be that many people! -nt CrispyQ Jan 16 #1

To be fair, it's probably a considerable number pinkstarburst Jan 16 #9

Wow. I had no idea it was that many. CrispyQ Jan 16 #24

This message was self-deleted by its author WarGamer Jan 16 #2

Will universal basic income stop this loophole that corps use? Has anyone ever calculated in2herbs Jan 16 #3

What loophole are you referring to? MichMan Jan 16 #11

There will likely be no reprecussions to AT&Ts decision, hence a corporate loophole. Just as commentary, in2herbs Jan 16 #14

Why would there be repercussions to a company making a business decision ? MichMan Jan 16 #18

If corps are not "forced" (at times) to provide a product against their wishes because it goes against in2herbs Jan 16 #19

Yes n/t SickOfTheOnePct Jan 16 #27

Well ... yea Lurker Deluxe Jan 16 #29

To be fair SickOfTheOnePct Jan 16 #37

To be fair... Lurker Deluxe Jan 16 #39

My AT&T internet cost me $80.00 per month Emile Jan 16 #4

I pay $85 per month for fiber optic. totodeinhere Jan 16 #55

The closest fiber optic line is two and half miles Emile Jan 16 #56

Yes, I had 6 Mbps DSL when I lived in a rural area. n/t totodeinhere Jan 17 #57

State imposed price caps that are legitimately at or under the cost of rendering the service don't kelly1mm Jan 16 #5

Wild AT&T offers 10g of prepaid unlimited data for $25 a month LiberalArkie Jan 16 #6

For home internet? MichMan Jan 16 #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 16 #25

That would only last me days! in the stacks Jan 16 #41

For low income folks affected by this, I highly recommend PCs for People jmbar2 Jan 16 #8

That still is too much. in the stacks Jan 16 #47

greedy rat bastards! mike_c Jan 16 #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 16 #12

I'm referring to AT&T mike_c Jan 16 #17

How you do you know the service is still lucrative at these mandated price points? nt kelly1mm Jan 16 #44

Plus ATT has spent billions upgrading infrastructure. totodeinhere Jan 17 #58

Greedy? Mountainguy Jan 16 #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 16 #22

Ok SickOfTheOnePct Jan 16 #28

What is their cost basis? Are they actually incurring a loss at the legally-mandated prices? Celerity Jan 16 #30

No idea SickOfTheOnePct Jan 16 #33

disagree Celerity Jan 16 #34

Fair enough SickOfTheOnePct Jan 16 #35

Gross ... Lurker Deluxe Jan 16 #31

see post 20 Celerity Jan 16 #32

I agree SickOfTheOnePct Jan 16 #36

Tax code is what it is Lurker Deluxe Jan 16 #43

Do you agree with governments mandating developers set aside a certain percentage of new residential builds for low cost Celerity Jan 16 #46

Well ... that would depend Lurker Deluxe Jan 16 #48

40K usd as a mandated price is not reality in most (if any) areas of the US Celerity Jan 16 #49

Agreed Lurker Deluxe Jan 16 #50

Did they break tax laws? MichMan Jan 16 #51

Gross profit is not net profit EX500rider Jan 16 #40

did I say it was? Celerity Jan 16 #53

So they would rather make $0 NameAlreadyTaken Jan 16 #15

The US govt should provide high speed internet for everyone in America at a low cost. Yavin4 Jan 16 #16

The Affordable connectivity program was a godsend from the Biden administration tishaLA Jan 16 #42

Poor AT&T also pays no income tax. maxrandb Jan 16 #20

Weak... Blue_Tires Jan 16 #21

AT&T: HOW DARE THEY REQUIRE US TO MAKE INTERNET AFFORDABLE TO EVERYONE! sakabatou Jan 16 #23

Low income internet users should consider themselves fortunate... hunter Jan 16 #26

So glad I didn't sign up with them claudette Jan 16 #38

Maybe the issue is means testing. Mosby Jan 16 #45

When a business is required to lose money on a service, they stop providing it. Bonx Jan 16 #52

Wonder if any other internet providers will follow ? MichMan Jan 16 #54