said by PGHammer:Karl, the biggest investors in *all* the telecom providers (cable, telcos including wireless, satellite, etc.) are institutional investors, and the largest single group of *those* are pension plans (and mostly public-employee pension plans, followed by union pension plans). In other words, indirectly (and in some cases directly, through stock purchases and bond purchases) it's *us* that insists on those above bank-deposit rates of return.
We insist on absolutely lowest cost on the one hand, and insist on high interest and dividend rates which *preclude* rock-bottom pricing (and dumb pipes) on the other.
Talk about hypocrisy.
It's like a rock and hard place scenario. Is there a way to nurture both in today's demanding (investor and customer) society alike? The short answer I am thinking is no.
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