Link: Randall Stephenson is Sad ☍

Shared on May 4, 2012

Telecom CEOs are people and have feelings, too. Just ask AT&T CEO Randall Stephenson about unlimited data and iMessage and you’ll see him get quite distraught, as in these two quotes from The New York Times (via Cult of Mac):

“My only regret was how we introduced pricing in the beginning, because how did we introduce pricing? Thirty dollars and you get all you can eat,” he said in the on-stage interview at the Milken Institute’s Global Conference on Wednesday. “And it’s a variable cost model. Every additional megabyte you use in this network, I have to invest capital.”

What about the revenue gold mine known as texting…20¢ for a couple of bytes of data?

“You lie awake at night worrying about what is that which will disrupt your business model,” he said. “Apple iMessage is a classic example. If you’re using iMessage, you’re not using one of our messaging services, right? That’s disruptive to our messaging revenue stream.”

Maybe he needs some sad music to help reflect on the lesson he’s learned?

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