Thread regarding AT&T layoffs

We’re basically the water company

People need water. You could try to buy it bottled or drink your fill at a restaurant - but you still need it at home for flushing toilets, washing machines and showering. You can’t live without water. We’re the exact same business - people have shown us they cannot live without their smartphone. But imagine the water company bought the Kool-Aid company because you need water to make cool aid right? Now imagine the water company to force Kool-Aid onto every customer and employee. Then image the population moves away from Kool-Aid and starts drinking $6 coffee drinks and nobody wants Kool-Aid anymore. It’s like us buying DTV and NFL Sunday Ticket and Warner Bros and trying to force it down the throat of a population that is more content with Netflix and YouTube. AT&T spent more than $120 Billion ($40B DTV + $80B Warner) for Kool-Aid. And I ain’t drinking it!

I think @10T58Wip-qgh explained it perfectly.

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| 877 views | | 5 replies (last September 10, 2019) | Reply
Post ID: @OP+10V4S9Az

5 replies (most recent on top)

It seemed like over time many of our products we offered had become commodities...like gas at a gas station...where there isn't much to differentiate our product from someone else's. When that happens people tend to focus mostly on price. Case in point, I'm paying less for an unlimited wireless plan for BOTH me and my wife than I was paying for JUST ME with AT&T with my discount. But now it seems like that isn't even the case any more. I went from DISH (when we had discount) to UVerse (when it became available in my area) to DirecTV (after we bought them and had discount). The products were close to the same. But then cut the cord and went with DirecTV Now with AT&T Internet to save a little. But looked around and made some changes. Went with cheaper and robust streaming bundles than DirecTV NOW offered. Paid $10 less a month for 400 Mbs internet with someone else rather than continue the 24 Mbs on copper I had with AT&T. What's the common thread here? Overpriced services in a competitive environment. That's a great way to maintain and grow a business said no one ever.

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Post ID: @3gjm+10V4S9Az

I bet we would see some c-ap if the government let anyone compete in that market. Some big shot would start to build the infrastructure to the big industrial water users, cut prices to them, etc. Probably see a replication of the Wild West we have seen for the past decade.

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Post ID: @vdk+10V4S9Az

No way the regulators would let the water company pull the c-ap att had in the last 10 years.

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Post ID: @civ+10V4S9Az

The good old days. Back when customers had a choice. T or T.

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Post ID: @ead+10V4S9Az

Water company analogy does not work. I don’t have a choice of water companies at my house. I don’t use t wireless. Try again.

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Post ID: @koe+10V4S9Az

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