Josh Brown

Is it the models?

Is it something else, a services business that we aren't sure about?

Is it the transference and warehousing of data in the Snowflake realm?

Like we can't know who's going to have the most profitable slice of the pie.

All we know is if you don't go for it right now, you remove yourself from being in the running.

And that's what none of the hyperscalers are willing to do, including Netta.

Let me ask you this.

No, because I don't think anyone can say for sure.

Verizon and AT&T and T-Mobile ended up being the only three mobile providers with any scale in the United States, right?

If you look at their stock prices over the last 15, 20 years, for all the money that they've invested in their network,

2G, 3G, 5G, all this shit, all the infrastructure, all the cell towers that have been built, all the billions of miles of cables that have been run, all of that infrastructure and all of that expense into building out what is effectively a completely wireless map.

There's really almost nowhere on the map without service that matters at this point.

What do the shareholders have to show for it?

So they made the bet.

They made the bet 25 years ago.

I was here.

They made the bet.

They said, we need to have the best grid.

We have to have like literally the whole map covered.

We need to invest all this money, billions and billions of dollars every year in infrastructure in order to cover the whole map.