SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : AWARE
AWRE 2.090+1.5%Dec 9 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: StockDon who wrote (2135)5/18/2001 2:04:11 AM
From: Scrapps  Read Replies (2) of 2404
 
"SBC's Whitacre says DSL prices will fall
SBC COMMUNICATIONS INC. Chief Executive Officer Edward Whitacre late Wednesday said his company continues to lose money on digital subscriber line (DSL) service used to offer high-speed Internet access. The nation's second-largest local telephone company recently raised the price for DSL service 25 percent to almost $50 a month to stem the losses, Whitacre said. SBC has about 1 million customers for the service. "We've raised prices for DSL because we were losing a lot of money and we still are," he said during a luncheon at the National Press Club. "But we have to cover our costs and we've been slowed down by regulators....That price will come back down in the future." (Reuters 06:47 PM ET 05/16/2001)"
___________________________________________________________

Now that sounds like a confession to me. An admission they sold below cost to run the CLECs under.

I'd also like to know how they were slowed down by regulators.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News