AT&T has spent 30% less on capital expenditures over the last eight quarters while wireless data revenues have increased by 80%.
Fake Steve first pointed to this information in AT&T's Financial Operations and Statistics Summary early this morning.
Go look at their financial statements and open up the Financial Operations and Statistics Summary and look at capital expenditures over the past eight quarters. I’m no math whiz, but it looks like capex has gone down by about 30% over the time period. Scroll down a bit to the Wireless section and check out data revenues — they’re up 80% over the same period.
Considering AT&T is clearing 3 billion in profits each quarter this information does little to assure customers that the company is doing all they can to improve their network.
In fact, threats to impose additional charges for wireless data are just adding insult to injury.
Gizmodo has posted some charts to help you visualize the situation.
Read More [Gizmodo]
Fake Steve first pointed to this information in AT&T's Financial Operations and Statistics Summary early this morning.
Go look at their financial statements and open up the Financial Operations and Statistics Summary and look at capital expenditures over the past eight quarters. I’m no math whiz, but it looks like capex has gone down by about 30% over the time period. Scroll down a bit to the Wireless section and check out data revenues — they’re up 80% over the same period.
Considering AT&T is clearing 3 billion in profits each quarter this information does little to assure customers that the company is doing all they can to improve their network.
In fact, threats to impose additional charges for wireless data are just adding insult to injury.
Gizmodo has posted some charts to help you visualize the situation.
Read More [Gizmodo]