I understand why I know why phone companies want to give up on copper.
However, not replacing it with FIBER is where I get confused.
Its got a long lifespan
The Fiber portion, won't need to be upgraded, just TX/RX and related equipment
Fiber scales up for DECADES to come
Wireless CAN'T handle the demand of home internet users
Lower maintenance costs
Can lease LAST MILE for added revenue
Investors don't want to wait for the return
Re: I understand why Unions have nothing to do with ATT's problem. They are a highly profitable company.
Perhaps if the company was losing money due to labor I could understand. But its not...
Re: I understand why
said by DataRiker:That high profitability is coming from their union-free wireless, not their wireline.
Unions have nothing to do with ATT's problem. They are a highly profitable company.
Perhaps if the company was losing money due to labor I could understand. But its not...
Re: I understand why Craft keeps management from looking even worse then it does.
| 100% agree.|
Lets rewind the clock 10 years and put ourselves in former VZ CEO Ivan Seidenbergs shoes.
This man was OBVIOUSLY able to read writing on the wall. Billions of yearly telco profits slowly eroding away due to an assortment VoIP companies, including cable incumbents themselves, AND the obvious skyrocketing use of cell phones.
Instead of watching his entire wireline business go extinct, he and their board had the courage to create a FTTP product which today Im guessing covers about 50% of their wireline footprint.
Why was it courageous? Because they decided to build this thing AND continue their responsibilities as an ILEC, meaning, maintaining the copper network as well as the building and maintaining the fiber.
I wont say McAdam is a total imbecile, he is looking at a wireless product that is currently faster than DSL technology, and his hands are still tied by these ridiculous sharing rules put in place to spur competition in the local telephone market, when NYNEX / Bell Atlantic was a monopoly. He is short-sighted, ignoring the products that will be available 10,50,100 years from now, and fiber will be the only pipe large enough to deliver them. Today, all the writing on the wall points to the eventual STREAMING of all video, high def, 3D, 4K, who knows what the future holds, virtual reality movies? Whether Verizon delivers this streaming video or not, is irrelevant.
Now, the overwhelming majority of people disagree with their reasons for Verizon to halt their builds, everyone acknowledes that FTTP will always have more capability than wireless, but this company needs some regulatory relief to make it worthwhile.
As much profit that their wireless division makes, it doesnt change the fact that Wireline does not do nearly as well. Every fiber build they make is profitable, its simply not short term cash like every investor wants.
If youre one of those telco monopoly people who believe the telephone companies should somehow build out a FTTP network , and be obligated to share it, then Lobby your politicians to inject 200billion dollars into the telco's , because I can assure you, they wont be doing that with their own money.
A more realistic plan would be to gut the 96 telecom act...
PSC's/PUC's , DOJ, FCC should come up with a plan that removes Verizons (and any other ILEC/RBOC) sharing responsibilities as an ILEC , ONLY as they replace their copper with FTTP. Consumers win, Verizon (and other telcoswin), Wireline Workers win, the Country wins. Losers? The cable companies lose due to actually getting competition, and the wholesale /clecs lose, but hey, feel free to negotiate with Verizon to sell over their fiber.
Simplest plan in the world, and is the right thing to do.
Re: I understand why Thank you. I, too, am sick and tired of anti-union bullshit. Union workers fight hard for an average 14% higher wage than non-union, and in the process, pull non-union wages up as corporations have to compete for skilled labor. Time to burn this "evil union" strawman to the ground. It's not just stupid and uninformed, it's suicidal and contagious.
Michigan has become mentally deranged. They just passed and are now enforcing rape insurance laws in a state where you can't buy rape insurance. Google it. I'm tired of explaining. Michigan installs dictators while dismantling democratically elected local governments. Michigan voters deserve the hard porking they're going to get, since they keep re-electing representatives that pass this bullshit.
The U.S. Constitution mandates the maintenance of postal roads and offices. Clearly the internet serves the exact same modern day purpose of transporting information securely and affordably for ALL citizens. Time to hand over this duty to the USPS. "Oh, no. Then the US Postal Service will know where I live" I hear an army of imbeciles cry...
Re: I understand why I'm the person that initially mentioned unions. My point was that AT&T wants to hire the cheapest labor they can find, because they are short-sighted, greedy, and the leadership is emboldened by the needs of the shareholders to make choices that influence instant profit growth ahead of any other solid business decisions.
There are plenty of unions that are shitty and do not act on the behalf of their members. Corruption abounds, and when it does, it sees the front page of every news organization as it is among the most dastardly and egregious of acts. To pretend that you are supporting someone and looking after their best interests, only to be cheating them in reality, is about as bad as it gets.
That said, there are plenty of great unions, and the basic premise of what unions are supposed to stand for are righteous and necessary.
Still, unions are generally seen as a negative for the telecommunications conglomerates (or any huge corporation), because honest pay for honest work is NOT something that these jackasses want in their business model. They want the cheapest labor they can get that will complete the job. Unions are seen as an obstacle by the leadership in control. A critical factor in AT&T's future is how they can reduce their costs, and non-union labor is definitely a direction they have seriously considered.
Some unions are great, others have been historically not so great. That is an entirely different issue.
Re: I understand why Thank you, an expanded explanation is a good idea, because organized labor is not in the best of shapes right now, and such a simple sentence can easily bend a young, uninformed, mind furthering the difficulties labor faces.
Sure every once in a while a union might make a negative headline, but corrupt politicians and corporate upper management scumbags make the headlines 10X's more often.
and PS, the problem is not that AT&T is primarily union, the problem is that a large percentage of their competition is NON-union. If all the wireless employees, all the cable company techs were union, it would be an even playing ground for those various job titles. POS's like James Dolan using non-union labor as a competitive advantage is sickening. Those workers are slowly realizing they deserve better.
Re: I understand why You think maybe they can use those billions they have in cash reserves that they are not returning to you stock jockeys or using to roll out the future technology? Now that would be smarter than taking on more debt wouldn't it?
As I have said numerous times and their financials support it 100%: The major ISP's can roll out fiber to every home and business in their service area and pay cash to do it as they would not be able to roll it fast enough to eat through their quarterly profits.
Re: I understand why The quote of the day!!
While we're at it, let's do the same thing to Verizon also.
Don't trust a single thing I hear come from those 2 s**t hole companies!
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Hosing many senior citizens - again ! This will prove to be a nightmare for many senior citizens who rely on their landline. I'm referring to our current elders, age 65+ (emphasis on the "+" age) who just are NOT tech savvy. And many of them just can't AFFORD cell service.
Worse, many of them use those "help, I've fallen" buttons and they - by and large - do NOT work well with VOIP service. Only a couple of service providers offer that with cell service.
Michigan is again showing it's lack of concern/compassion/common sense in hosing senior citizens. Governor Nerd (Snyder) gave massive tax cuts to businesses, while allowing seniors (and others) to foot the bill with tax increases ala lack of property tax credits, taxing pensions, etc.
Bah humbug to AT&T, sometimes known as the All Trials and Tribulations company.
Re: Hosing many senior citizens - again !
said by sonicmerlin:Not sure ANYONE deserves what they'll get (or won't get any more, to be accurate.)
Those seniors vote in republicans and blue dog dems. They will get exactly what they deserve.
Only if they deploy FTTH They should only be allowed to cut copper when they get FTTH to each and ever dwelling unit that they want to cut off from copper... that way it's a win-win.
This company received tens of billions from the TAXPAYER.... ....so they OWE those taxpayers unless they are willing to refund most of that money!
Like the earlier poster mentioned...until AT&T provide FTTH to most of their current POTS customers they should NOT be able to stop maintaining those old copper lines.
It is clear that the folks that are SUPPOSED to be representing We The People are only representing the interests the AT&T's though their highly paid lobbyists.
This is tyranny!
i dont understand why... i never understood these bills...All of At&ts uverse products are DSL. Different brands of DSL but its still all the same.
Thats also why i don't understand how they have some guys getting paid 35 bucks an hour installing DSL and POTS and guys making 15 bucks an hour installing VOIP on VDSL or ADSL over the IPDSL network. Enjoying none of the same benefits provided by the union to the pots and dsl workers. doing the same thing essentially...only newer and more relevant. You can throw longer hours in there too.
Under it all, that's what these bills are about. Att wants to unload its workforce of guys who have been working for the company for decades as loyal workers so it can bring in more people...to do the same work...for less money.
Its like..owning an car dealership and saying selling a car is a very skilled job. One guy sells a chevy nova that's red and gets paid 60 bucks for doing it...and the other guy sells a chevy nova that's yellow and gets paid 10 bucks and when he asks why, the dealer says you didn't sell a car..you sold a transportation device. The unions are powerless. Dont be fooled. They do nothing about it, and there is no real union that would allow itself to be called a union, that allow worker A to do the same job as worker B for extensively less benefits and money, unless its the thing they call a union at Att...
Its really just a way to funnel money, from the workers, to the union, to politicians, (mainly democrats) along with illegal wiretap favors for the government, so that Att can do whatever they want.
Nothing about eliminating wire-lines or DSL is in the best interest of anyone but Att.
You can pretty much bet, if ANY Att manager, or president or CEO that has ANYTHING to do with corporate Att says he thinks something is a good idea or a great step in some direction...The people are about to get a giant rod shoved up their ass with the only lube being sand and gravel.
Opinion is just a word people hide behind to try and justify them believing stupid things. It sure is easy to believe in something completely and totally stupid, say it's your "Opinion" and then everyone has to respect it.