this post was submitted on 16 Jan 2025
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I don’t know if this AT&T service covered all of NY but for sake of my point I’m going to assume it covers most to all of NY. Obviously, not everyone would subscribe to AT&T either. I’m generalizing a bit to make a point.
There are approx 8.5 mil households in NY and 1.7 mil qualified for the previous affordable broadband law (couldn’t find an exact number for this current law).
If they charge $60 for the service that’s a potential total of $512,000,000 for NY.
If 1.7 mil get broadband for $15 that’s $25,500,000.
So AT&T is willing to give up a potential $487,000,00 from all other NY customers just to spite low income families.
Note: this is income before any AT&T expenses, just to be clear and fair.
Edit I was clear or the article wasn’t clear.
ATT is pulling 5G service from existing customers. They were given a 45 day window to find a new provider. I’m not talking about new construction.
they are not obligated to provide fiber at $15. Only broadband. I know there are still expenses with that, but there is much more broadband already available than fiber.
Old cable guy here. The cost is in laying the lines. That cost is astronomical. AT&T did the math, said, "Fuck it. Not worth it."
Call 'em evil, but they're not stupid.
ISPs were already given a shitload of money to build out infrastructure, but they did the bare minimum and pocketed the rest instead.
They need to be forced to build out a proper modern infrastructure at this point, imaginary money line be damned.
They didn't even do the bare minimum
Oof. They just pocketed all of it? With no repercussions?