Thread regarding AT&T layoffs

Here we go again

Apparently AT&T has just figured out they can use satellites for broadband now.
If only they fully understood that when they had free reign with the other satellite company they owned.

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Post ID: @OP+1syzX9iL

12 replies (most recent on top)

Looking at the facts, this has a great chance of being another financial disaster. Here is why.

Starlink has been at this for a long long time already, has 5800 functioning units in space now providing pretty solid broadband service with a lot of users, and just recently in April 2024 finally crested the hill to showing it can create a profit.

AST has only agreed to provide our service through 2030, and they are just now about to launch the first 5 units according to the article. 5.

We will invest/spend not telling how much money we don’t have, to help AST get some very bare minimal level of units in space to keep bankruptcy away, just in time to hit that year 2030 mark where the agreement could end stating our services can use their space assets.

I wish I could get excited about this, but history and current leadership gives this a very good chance of blowing through 10’s of $ Billions and finishing with almost nothing to show for it but more debt & a lower stock price. We will probably spin the books claiming outsourcing the mobile network to Ericsson is what freed up all the money to get AST going, which feels like Enron, WorldComm, FTX, and other gargantuan fraud examples.

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Post ID: @2szy+1syzX9iL

https://about.att.com/story/2024/ast-spacemobile-commercial-agreement.html

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Post ID: @1qby+1syzX9iL

Great idea. With broadband speeds offered by satellite, employees will be more productive outside of the office.

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Post ID: @usu+1syzX9iL

We can put more towers in rural locations cheaper than we can deploy 10000 low orbit satellites ge-z people we won’t even bury fiber we ain’t doing this.

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Post ID: @lwz+1syzX9iL

But but but Stankey and Mcelfresh said because WE HAVE FIBER, its the best and only option for consumers.......it's the last mile to the customer......SMGDH. I saw this coming once Elon announced Starlink, and even posed the question on a town hall............and what was T's response? We have fiber.......

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Post ID: @qgu+1syzX9iL

Starlink will buy T at some point. That is the only way T stock gets above $20.

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Post ID: @pur+1syzX9iL

"Any equipment you can put in a low orbit satellite you can put on a cell tower cheaper. Only id--ts don’t realize this."

Here's what id--ts need to realize.

I've got AT&T 5G service and Starlink that i use for live remote video feeds.

T works most non-rural places

T often works better than Starlink in urban areas.

Starlink works anywhere that I can see the sky, and is faster that T except in most cases where I'm shooting in an urban environment. If the urban event is large and has lots of 5G users attending, Starlink is still better than T.

I'd love for T to perform better in more locations, it costs less. But I'm not an id--t, so I end up using starlink about 70% of the time.

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Post ID: @xab+1syzX9iL
T could invest in satellite internet and beat Elon’s Starlink. What a lost opportunity. Instead they invested on melting iceberg DTV.

T engineers building a rocket would be like playing Kerbal Space Program. Immediately explodes upon liftoff.

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Post ID: @ban+1syzX9iL

Any equipment you can put in a low orbit satellite you can put on a cell tower cheaper. Only id--ts don’t realize this.

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Post ID: @xll+1syzX9iL

T could invest in satellite internet and beat Elon’s Starlink. What a lost opportunity. Instead they invested on melting iceberg DTV.

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Post ID: @zer+1syzX9iL

Never going to happen just bs just like putting it on high power lines 10 years ago give me a break att

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Post ID: @whu+1syzX9iL

For broadband, with its two-way traffic, low orbiting satellites are needed to reduce latency. That other satellite company had higher orbit satellites suitable for broadcasting. That said, they did have the frequencies ...

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Post ID: @ipo+1syzX9iL

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