Eric S. Raymond:
[Over the last ten years] "...the carriers have been losing money to the tune of about 1% of ROIC, but with the losses largely masked by inflation."
"From the financial-minimax point of view, the cell buildout is done. We won’t see dramatic coverage improvements before a technological break that dramatically lowers cost per square mile covered."
RTWT. And consider the additional pressures from "Net Neutrality" and the FCC push for more wireless bandwidth. Something's gotta give.
4 months ago