fatslob-:O said:
Except big US telecommunications companies such as AT&T and Verizon have net profit margins 8.1% and 10.4% respectively so their hardly making a killing ... They rake in billions but they also spend billions too to improve infrastructure and service ... |
According to this... Verizons profit margins hit upwards of 16.3%.
https://ycharts.com/companies/VZ/profit_margin
And AT&T had peaks of 21%.
https://ycharts.com/companies/T/profit_margin
Verizon itself brings in $125~ Billion USD in revenue.
https://en.wikipedia.org/wiki/Verizon_Communications
AT&T brings in $160~ Billion USD in revenue.
https://en.wikipedia.org/wiki/AT&T
They aren't doing it as tough as you think they are... They also tend to give billions to shareholders.
Instead of trying to scam consumers with Micro-transactions... They should try to value-add, which many providers did here Pre-NBN to try and get customers.
In short, they lowered prices, but got consumers to spend more and locked them into contracts.
fatslob-:O said:
And these margins can hardly be described as "killing" ... Comfortable, yes but not omnipotent that they'd be able to sustain losses for years ... |
They have diversified enough for that never to become an issue.
AT&T and Verizon combined also have over half a trillion dollars in assets that they can leverage.

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