I was going to get AT&T TV Now but after reading about the multiple price hikes this year that they forced on existing customers and now this background on how they foolishly purchased two struggling companies that were themselves struggling to stay relevant in back then market conditions for a whooping 157 billion dollars (combined total approximate acquisition cost), no wonder AT&T is struggling from a financial stand point. How in world are they going to even begin to pay off that kind of debt! Marginally, increasing prices for customers can only bring in so much revenue for debt load like that! I think AT&T has reached a tipping point with their subscriber base in both the TV business and their wireless business and now there appears to be a new beginning of mass exodus from their services where people are leaving for a number of reasons but price hikes and better features/services elsewhere has to definitely be contributing to it. Since AT&T once upon a time was built on a land line phone company that enjoyed a monopolistic market for many decades, it seems that they have struggled to adapt ever since the internet messed up their nice little monopoly based business model. They now need to compete more heavily than ever in the TV industry with so many streaming services and even more streaming services starting to offer the same programming/channels with better features like unlimited DVR/multiple user accounts, etc. Also, TMobile is slowly starting to roll out a much better network that will one day catch up to AT&T's coverage. Future does not look good for AT&T, I think I need to avoid doing business with this company where possible.
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I was going to get AT&T TV Now but after reading about the multiple price hikes this year that they forced on existing customers and now this background on how they foolishly purchased two struggling companies that were themselves struggling to stay relevant in back then market conditions for a whooping 157 billion dollars (combined total approximate acquisition cost), no wonder AT&T is struggling from a financial stand point. How in world are they going to even begin to pay off that kind of debt! Marginally, increasing prices for customers can only bring in so much revenue for debt load like that! I think AT&T has reached a tipping point with their subscriber base in both the TV business and their wireless business and now there appears to be a new beginning of mass exodus from their services where people are leaving for a number of reasons but price hikes and better features/services elsewhere has to definitely be contributing to it. Since AT&T once upon a time was built on a land line phone company that enjoyed a monopolistic market for many decades, it seems that they have struggled to adapt ever since the internet messed up their nice little monopoly based business model. They now need to compete more heavily than ever in the TV industry with so many streaming services and even more streaming services starting to offer the same programming/channels with better features like unlimited DVR/multiple user accounts, etc. Also, TMobile is slowly starting to roll out a much better network that will one day catch up to AT&T's coverage. Future does not look good for AT&T, I think I need to avoid doing business with this company where possible.
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