Discussion - AT&T and T-Mobile rate hikes come back to bite them

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Brashmouse1
Brashmouse1
Arena Apprentice
• 2d ago

It seems hard to justify your position "It might be time for carriers to step back and ask whether unsustainable price increases and borrowing are actually going to pay off." when 10 years ago you would be paying $140+ for 4 lines and data in the single Gb range while today for the same 4 lines you can get 50 Gb per line for $120 and a dollar is only worth 73% of what it would buy in 2016 netting you $87 cost vs $140 in 2016 dollars.

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Frothe60
Frothe60
Arena Apprentice
• 2d ago

Cut the Board and CEO salaries. It's that simple. Passing costs to the consumer will lead to a higher churn rate, and deservedly so. I have no empathy for either one of the conglomerates.

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carlb
carlb
Arena Apprentice
• 2d ago

They will get away with anything because they all do it and we are too dependent on our phones.

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carlb
carlb
Arena Apprentice
• 2d ago
↵Brashmouse1 said:

It seems hard to justify your position "It might be time for carriers to step back and ask whether unsustainable price increases and borrowing are actually going to pay off." when 10 years ago you would be paying $140+ for 4 lines and data in the single Gb range while today for the same 4 lines you can get 50 Gb per line for $120 and a dollar is only worth 73% of what it would buy in 2016 netting you $87 cost vs $140 in 2016 dollars.

That's a strange reaction. 50 years ago, you paid corrected on inflation 15$/minute for the same overseas calli pay now 1.7c/ minute. Technologies change and develop.at the same time, the 1 acre lot which used to cost corrected on inflation 50 K goes now for 900 K. These comparisons make no sense

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sorka
sorka
Arena Apprentice
• 49m ago

Left Verizon after 34 years after endless price increases and coverage getting worse and worse. Went to AT&T. They raised my bill twice in the one year I was with them after telling me in the chat that it wouldn't go up for at least a year. This time I jumped on Mint's $15/month unlimited for 12 months ($17/month after taxes). Now that I've switched twice and it wasn't any big deal, I'll NEVER go back to $200 phone bills for 3 phones. Verizon basically pushed me over the edge. Had their price increases only kept up with inflation, I probably wouldn't have jumped.

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sorka
sorka
Arena Apprentice
• 46m ago
↵carlb said:

That's a strange reaction. 50 years ago, you paid corrected on inflation 15$/minute for the same overseas calli pay now 1.7c/ minute. Technologies change and develop.at the same time, the 1 acre lot which used to cost corrected on inflation 50 K goes now for 900 K. These comparisons make no sense

That's right. For decades cellular costs dropped and dropped and dropped just like tvs and other tech, but in the last 6 years, some of these carriers started increasing prices and did so far faster than inflation.

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