If Whitacre didn't have cost accountants and actuaries weigh in on this strategy, he's an idiot. I may not agree with the man, but he's no idiot. AT&T chose this course because of all the options considered, it was the most likely to result in a better profit margin.
The issue is whether he has yes-men working for him. -- USNG:16TDN2870 Find your Lat-Long: Geocoder