They're seeing their entire model being threatened.
More Quotes from James Gattuso:
The vast majority of this is a boondoggle.James Gattuso
Congress was more concerned about constituents waking up in the morning sometime in 2009 and finding out that their televisions didn't work, and they couldn't get the sports show that they wanted. They were more concerned about that than they were about reducing the deficit or keeping taxes low or saving billions of dollars for the taxpayers.
James Gattuso
It will become the phone industry.
James Gattuso
The impediments are really technical. The biggest problem is perceived lack of quality, reliability. A lot of people are still uncertain that their Internet connection will be reliable and on all the time. There are some reports of voice quality not being as good as traditional lines. And there are questions about 911. But those are all rapidly being worked out. And the marketplace is showing that the numbers of subscribers are growing steadily.
James Gattuso
This is why the Internet-phone industry is probably going to replace entirely what we might call loosely the analog method of phone calls over a period of years.
James Gattuso
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Advertisements contain the only truths to be relied on in a newspaper.Thomas Jefferson
Affliction is a school of virtue; it corrects levity, and interrupts the confidence of sinning.
Francis Atterbury
I guess if you're lucky enough not to have to pay your rent, then you or I take much more seriously the kind of work that I do, what it takes for me to leave two teenagers of my own and six stepchildren and a husband and four grandchildren.
Ellen Barkin