I’m sorry the carriers you deal with are so shit but until mobile data transfer becomes a government utility (and let me tell you, there’s a reason telecoms are scrambling to diversify) they do have to make a profit. In most markets the margins are razor thin and new radio technologies (4G, 5G, 6G) are costing more and returning less.
So when poorly regulated markets let them merge into monopolies, or they cut costs by reducing human customer services, “based, I stole a phone from a shitty company” should hopefully be also followed up by you supporting legislation to make mobile data a government utility.
For reference I work in an EU telecom and our industry is heavily regulated. If software companies or supermarkets were hammered for what they do with the data we “just” transfer, they’d be a lot cleaner too.
DT is far more than a network carrier, it’s one of the largest IT services companies in the world. On top of that their largest profits in the mobile sector are from the, eh, less regulated T-Mobile.
Their operating margin is around 12%, way down on last year.
I’m sorry the carriers you deal with are so shit but until mobile data transfer becomes a government utility (and let me tell you, there’s a reason telecoms are scrambling to diversify) they do have to make a profit. In most markets the margins are razor thin and new radio technologies (4G, 5G, 6G) are costing more and returning less.
So when poorly regulated markets let them merge into monopolies, or they cut costs by reducing human customer services, “based, I stole a phone from a shitty company” should hopefully be also followed up by you supporting legislation to make mobile data a government utility.
For reference I work in an EU telecom and our industry is heavily regulated. If software companies or supermarkets were hammered for what they do with the data we “just” transfer, they’d be a lot cleaner too.
But, like, Deutsche Telekom makes a lot of profit ( >10 billion € in 2024). So the margins can’t be that thin?
DT is far more than a network carrier, it’s one of the largest IT services companies in the world. On top of that their largest profits in the mobile sector are from the, eh, less regulated T-Mobile.
Their operating margin is around 12%, way down on last year.
https://companiesmarketcap.com/deutsche-telekom/operating-margin/
A more straightforward telecom example might be Vodafone in the UK who are at -4% this year: providing services cost them money https://companiesmarketcap.com/gbp/vodafone/operating-margin/
Telefonica in Spain are at 1.7% https://companiesmarketcap.com/telefonica/operating-margin/
Orange in France are at 10% https://companiesmarketcap.com/orange/operating-margin/
For comparison outside of the telecoms sector, Google is at 40%
https://companiesmarketcap.com/alphabet-google/operating-margin/
You’re right no one ever thinks of the shareholders smh