AT&T Mimics Verizon, Pushes Upgrades to 24 Months
Top message: Monkey see, Monkey do by johnhr2
Replying to: Re: Monkey see, Monkey do by T Bone
T Bone said:
'the race to the bottom' in pricing is not the path to prosperity...but rather the reverse.
This is so true in many industries. You used the fast food restaurant example...every time one starts a coupon/discount dollar menu war, others follow suit. Later when quarterly results are announced. The bottom line is hurt every time.
They do this over and over again to bring foot traffic through the door in hopes that they stay.
So a lower priced carrier has to be more efficient and at least equal to its higher priced competition in order to make good profits. Are they? I doubt it.
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