I think people are overreacting to this. All he's saying is that their unlimited data pricing model doesn't work. He's also saying that free messaging services are wiping out the existing pricing model.
Actually, he knows his industry and his comments reflect it well. He should not have offered unlimited data because at the time, they could not support it. No company can keep up. They can't even rollout a platform before its outdated with the next greatest thing.
Bravo. It's good to read some adult comments.
I don't think the guys is even right about the past. What if ATT hadn't given unlimited plans? People would have still been constrained by slow protocols and inefficient mobile hardware to use much bandwidth. That's all changing.
Before the iPhone came along, a lot of us were using 3G smartphones on uncrowded cells, with basically unlimited data plans.
For example, even though Verizon's plan at the time said 5GB max, they almost never enforced the limit. And unlike AT&T with its restrictions, Verizon's TOS even explicity stated that streaming home TV was allowed. It was a freely known secret that people could Sling their home TV over their phones all month long without worry.
As for data being super cheap, someone still has to pay for those undersea cables and all the other worldwide backhaul installation and maintenance. Nothing is free.
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Bs, that amount ought to go down monthly on a prorated basis, instead it is used as a flat amount penalty to keep people in contracts or make them Pay to leave
ETFs DO go down on a montly prorated basis.
At least, on Verizon and AT&T and Sprint. What carrier are you on that does not?