Carriers Blame the iPhone For Data Caps and Increased Upgrade Fees 272
zacharye writes "Bruised mobile carriers such as AT&T and Verizon are 'fighting back' against Apple's iPhone, despite the fact that the device has helped them eke out consistently higher average revenue per wireless subscribers since its launch. To hear the carriers tell it, the iPhone is a major inhibitor to their profits as last year they were 'only' generating wireless service profit margins in the 38% to 42% range. But ever since these beleaguered companies started 'fighting back' by implementing data caps, increasing fees for device upgrades and implementing longer waiting periods before users can switch devices, they’ve seen their wireless service profit margins surge. AT&T reported a 45% margin in Q2 2012 and Verizon reported a record-high 49% margin."
Hmm...Huh...? (Score:2, Funny)
They're discouraging the iPhone?
I'd have never thought corporate greed for profit could actually do a good thing in the long run. Darn it, I sound like a capitalism-apologist right there.
Re:The problem is the carriers. Not the equipment. (Score:4, Funny)
* Having people give them money for nothing.
They already have this one, its called 'text messaging'
Re:Victims of their own greed (Score:5, Funny)
Dear Stockholder,
Please disregard the last message. We have instead decided to give this years profit as a big bonus to the CEO.
Sincerely,
The Phone Company
Re:You do not think large enough (Score:5, Funny)
Why not a tower (microcell) in EVERY home, provided by the carrier... along with fiber to the home.
And we could call it "WiFi"! That sounds catchy.
Re:You do not think large enough (Score:4, Funny)
Heck, why not go one further and instead of making it a cell, just have the phone hardwired to it. It can even be powered by it. Then those crappy batteries won't keep dying on us. Plus since it is tied to the house, there is no need for everyone in the whole house to have one. I'm telling you, it's the wave of the future!