Carriers Blame the iPhone For Data Caps and Increased Upgrade Fees

Posted by samzenpus on Monday August 6, 2012 @05:25AM from the not-our-fault dept.

zacharye writes "Bruised mobile carriers such as AT&T and Verizon are 'fighting back' against Apple's iPhone, despite the fact that the device has helped them eke out consistently higher average revenue per wireless subscribers since its launch. To hear the carriers tell it, the iPhone is a major inhibitor to their profits as last year they were 'only' generating wireless service profit margins in the 38% to 42% range. But ever since these beleaguered companies started 'fighting back' by implementing data caps, increasing fees for device upgrades and implementing longer waiting periods before users can switch devices, they’ve seen their wireless service profit margins surge. AT&T reported a 45% margin in Q2 2012 and Verizon reported a record-high 49% margin."

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Re:Victims of their own greed by leonardluen · 2012-08-06 06:08 · Score: 5, Funny

Dear Stockholder,
Please disregard the last message. We have instead decided to give this years profit as a big bonus to the CEO.
Sincerely,
The Phone Company
Re:You do not think large enough by thePowerOfGrayskull · 2012-08-06 06:44 · Score: 5, Funny

Why not a tower (microcell) in EVERY home, provided by the carrier... along with fiber to the home.

And we could call it "WiFi"! That sounds catchy.