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Tidbits wrote:
*sigh* Like I said before... Which you probably skipped over. Sprint nearly went under and had the for sale sign up. T-Mobile is on the same boat. The reason... YOU... If the service isn't to your liking do you get the service? No. So they have to work harder and give you better deals right? So why is Verizon different? They are not giving you what you want, yet to cry and cry about them not giving you what you want... Bottom line... They want your dollar make them work to get it...
Well you also have to factor in Sprint bought out Nextel which was a really stupid move because apparently by buying them they didn't have the money to update those Nextel towers to Sprint towers and last I had heard by buying Nextel they became in debt 39 BILLION dollars rather there still in debt now or not I don't know this was over 2 years ago when I read this and it seems they've been doing very well with the Boost Mobile brand of there company then they turned around and bought out Virgin mobile a few years ago which was dumb too cause VM was using there towers so they didn't win any towers in the buy
to answer your question "How is Verizon any different" that's easy it actually WORKS 95% of the time there are times i admit even with verizon i sometimes lose signal if we get a hard rain tho it's not often which is why i said it works 95% of the time so over all am i Happy with the service? YES am I have with the pricing I have now? no I would like a better/cheaper plan but I manage doesn't mean I want to pay these prices there trying to put on us now if we upgrade either
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Then move on. Don't get there service if you don't like the price. Are you going to die from not having a cell phone? So what's the problem?
Also T-Mobile is still 30B in debt. People forget T-Mobile spent 59B to get into the market over 10 years ago and though they turned a profit per year basis they have not even come close to their 10 year plan and are still in the red. That 6B transplant they got from the fallout of the AT&T deal may help them a little but not enough where T-Mobile will be for sale again.
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Sprint Virgin deal wasn't about towers. It was about money and brand. Virgin stays Virgin and instead of Virgin getting the profits Sprint will. Sprint doesn't have to build or combine towers to boot.
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and how do u think they could come out of the red? by offering prices that people can afford yet that will also make them money in this economy raising prices are not going to bring in a net profit because there are people that are paying what they can barely afford to pay already lets use Verizons upcoming plans for example $100 for unlimited talk, text and 10GB of data for someone with 1 line that has 4G available this is a really good deal however the $70 unlimited talk, text and 4GB of data is a better dea (atleast for me anyway)l this would probably be the plan I would go for in case i lose my wifi for some reason or another like Time Warner Cable shutting off the internet for updates/upgrades for a few hours i wouldn't have to worry about going over with the 4GB plan on 4G which also this plan would save me $50 however the $40 smart phone fee makes this plan $110 which is only a $10 savings now THIS plan might be good for someone who signed up in past few months and got unlimited talk text and 2GB of data cause there saving $10 and getting 2GB more or paying the same price and getting 4GB more than what they were
Basically.... If you want to bring in net profit you have to give a reasonable price which it might sound like they'd be losing money but not if the plans are the right price and it brings in a crap load of new customers to join in on the deal taking away from other companies lets again look @ sprint they charge $80 for 450 mins tho u get nites and weekend mins starting at 7pm (not 9pm like u do on verizon) and unlimited mobile to ANY mobile unlimited texting and unlimited data the plan is actually $70 but there is a $10 smart phone data fee which makes it $80 now if Verizon were to do something like that but give unlimited mins (instead of 450) then even sprints customers would leave and join the better coverage for a better deal so if 15 million people left AT&T 15 mill left Sprint and 15 mill left T-MO for this THAT is where there profit would come in at they just gained 45 million customers now i'm not saying this WOULD happen because they might end up getting more from each company and they might end up getting less i just used that as an example
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Derek32880 wrote:
and how do u think they could come out of the red? by offering prices that people can afford yet that will also make them money in this economy raising prices are not going to bring in a net profit because there are people that are paying what they can barely afford to pay already lets use Verizons upcoming plans for example $100 for unlimited talk, text and 10GB of data for someone with 1 line that has 4G available this is a really good deal however the $70 unlimited talk, text and 4GB of data is a better dea (atleast for me anyway)l this would probably be the plan I would go for in case i lose my wifi for some reason or another like Time Warner Cable shutting off the internet for updates/upgrades for a few hours i wouldn't have to worry about going over with the 4GB plan on 4G which also this plan would save me $50 however the $40 smart phone fee makes this plan $110 which is only a $10 savings now THIS plan might be good for someone who signed up in past few months and got unlimited talk text and 2GB of data cause there saving $10 and getting 2GB more or paying the same price and getting 4GB more than what they were
Prices go up as well as parts for networks go up. The more you want things done the more it will cost. It's hard to drive down prices when everyone wants everything. See where I am going at? Start your own network and you will see what I am talking about. I do not work for any major carrier, but I do work for the DoD and was in the US Navy for years and was part of the development of the current JToC. So I know what I am talking about. We are not talking about your basic home network. Where Verizon doesn't have their own landline internet service they have to have an agreement and connect Towers to that companies pipelines. That cost money and it cost them money to maintain that service. Sprint dropped their agreements in a lot of areas that is why they limited off network usage which AT&T, Verizon, and T-Mobile have not as they keep their agreements intact.
Basically.... If you want to bring in net profit you have to give a reasonable price which it might sound like they'd be losing money but not if the plans are the right price and it brings in a crap load of new customers to join in on the deal taking away from other companies lets again look @ sprint they charge $80 for 450 mins tho u get nites and weekend mins starting at 7pm (not 9pm like u do on verizon) and unlimited mobile to ANY mobile unlimited texting and unlimited data the plan is actually $70 but there is a $10 smart phone data fee which makes it $80 now if Verizon were to do something like that but give unlimited mins (instead of 450) then even sprints customers would leave and join the better coverage for a better deal so if 15 million people left AT&T 15 mill left Sprint and 15 mill left T-MO for this THAT is where there profit would come in at they just gained 45 million customers now i'm not saying this WOULD happen because they might end up getting more from each company and they might end up getting less i just used that as an example
See above. There is more to it than just lowering service and bringing in more customers. You could drop it to where you make $1 per customer, but the development will stop to exist as there is no overhead to progress forward. Eventually companies will take a loss as parts availability may get scarce and then what? What about network load and increased usage to maintain this increase. As I said it's more to it than just customers.
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Just to add in on Tidbits,
As I do work for a ISP that back hauls 4G for Verizon/USC/Sprint. I can back up that equipment is costly. So is the maintenance that keeps these running.
Just food for thought, and people thinking of jumping to AT&T.
The Egress (exit to the Backbone of the internet) is 90% at&t.
What does that mean?
AT&T charges carriers/ISP to get internet services through the world. You are limited a certain amount of bandwidth (OMG IPS/Carriers are data capped?? ya..)
Right now the big thing is 10 Gbps. So, the ISP will provide a share of that 10 Gbps to a Cell tower. Now, the links from the ISP to the Cell towers are full blown 10 Gbps circuits, but they are not using the full thing at this time (maybe). But they are charged for it. And its not cheap.
When one of these devices are hit by lightning, or any other natural disasters, like equipment breaking, it costs a lot to replace. These single devices can cost towards the upper limit of 1 million.
So it is costly.
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You could drop it to where you make $1 per customer, but the development will stop to exist as there is no overhead to progress forward.
dropping it down to $1 per customer would be a stupid move apparently you missed where i said by offering prices that people can afford "yet that will also make them money" according to the last census i read there is or WAS 300 million people in the US so $1 per customer would only be $300 million a month x that by 12 = $3 billion 600 million a year that much is all fine and dandy in the 1st year u started a company cause u wouldn't have that many customers right away unless ur using verizons towers and charging something like $40-$50 for unlimited everything in which case you'd have more than $3 billion 600 million in the 1st year if u advertised right
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Derek32880 wrote:
You could drop it to where you make $1 per customer, but the development will stop to exist as there is no overhead to progress forward.
dropping it down to $1 per customer would be a stupid move apparently you missed where i said by offering prices that people can afford "yet that will also make them money" according to the last census i read there is or WAS 300 million people in the US so $1 per customer would only be $300 million a month x that by 12 = $3 billion 600 million a year that much is all fine and dandy in the 1st year u started a company cause u wouldn't have that many customers right away unless ur using verizons towers and charging something like $40-$50 for unlimited everything in which case you'd have more than $3 billion 600 million in the 1st year if u advertised right
By that math... Do you know how much it would cost to maintain a network that large? Do you know how much it would cost in workforce load? That $1 per customer profit won't cover it and I am willing to bet the house on it. It has been KNOWN for a long time currently carriers make a maximum of 33% gross profit on current plans. Legacy plans are a lot less per line. Net profit is much lower than gross as your probably know. Look at T-Mobile and Sprint with their plans offer more for less, and try to expand to meet demands. Well how are they fairing off... We dictate the market carriers do not. No matter what they charge we dictate what can and can't be done.
Also like to add $1 was an example. At some point costs are going up to maintain structure. If they keep the rates the same there would be no overhead, and there will be no money to progress to meet the needs of your customers. These increases will hurt the carriers in turn at some point it'll drop to a number like $1 or less per customer and as you said.... would be a stupid move...
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Would also like to chip in again.
That lowering the price of plans, will also halt the on going technological advanced phones you enjoy, as they would be unable to subside them, thus making you pay for them out right. Which is why they gave you the choice to keep your plan, but pay for your own phone.
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Where I live I have two choices, either satellite or Verizon MiFi for internet access. For cellular service I have a number of options because I really don't need cellular service at my house because of the land line. I have a pay as you go cell line with Verizon that I probably spend <$20 per month on. My wife has a pay as you go plan with Virgin which costs us about $35/month. I offered to transfer my AT&T land line, my cell line as well as my wife's line in order to sign a two year contract with two smartphone data plans totaling about $160/month (vs the $55 Verizon is getting right now). The only thing I asked was to terminate the remaining 11 months of my $50/month MiFi account without penalty.
Verizon said that was not possible. For some reason upgrading from $65/month with 11 months left on a contract to $160/month with two years on a contract for $95 more per month was unacceptable.
Go figure. In the meantime, Virgin will get my smartphone business and Verizon will get no more than 11 months of my MiFi. Then I'm going to satellite. Now I see what you guys have been complaining about. I'm not even sure that they have an actual customer retention policy. Sure doesn't seem like it.
Bye.