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US telecoms certainly use sketchy tactics to push price increases on their monthly billed customers over time, but it's hard to say they are price gouging. Most
by missedthecue 3y ago
US telecoms certainly use sketchy tactics to push price increases on their monthly billed customers over time, but it's hard to say they are price gouging. Most are publicly traded and their operating and net margins can be found with a quick Google search. Spectrum for instance sits at 9.24% net margins currently. Wipe that out completely and your bill doesn't get much cheaper.
- jpgvm 3y agoThe Thai telcos are publicly traded also. I took a look at AIS (probably the biggest here) and despite much lower prices their books are in a much better shape. Namely Profit Margin 15.81% and Operating Margin (ttm) 23.38%, they have proportionally less debt on their books and their business just looks a lot leaner and more efficient so despite charging ~1/10th what US ISPs do they have a better return on invested capital. So maybe US ISPs are just very poorly run businesses.