Jeff  Carter

For the last two days, the only internet service I have had access to is Starbucks ($SBUX). I live in a building in Chicago. From 2003 until a few months ago, I had great internet service. DSL, worked great. My provider was Yahoo-ATT($YHOO $ATT). ATT forced me over to Uverse. Nothing I could do about it. Literally, one night I had internet. The next morning when I woke up I didn’t.

Since making the switch I have had nothing but problems. Extremely slow service, and now it’s just gone.
I gut rehabbed my apartment in 2003, and put Cat 5 wiring in throughout the whole thing. I don’t think it’s the wiring in my apartment. I only have one phone jack that comes in, because we are wireless.

Since 2003, I have noticed that no one calls me on my land line anymore. The only thing I get is calls asking for money. When we look at our bill, it’s basically just taxes. Most of those taxes just go to crap anyway. I am saying good bye to the land line.

I have had an iPhone since they came out, and payed for the unlimited data package. Now we find out ATT restricts those packages artificially. That’s awesome, for ATT. It stinks for people that bought unlimited data. Sitting in my apartment, I don’t get 4G. I don’t even get 3G. In Chicago, next to the lake, on the near north side, I am on the Edge network. Might as well have a clam shell phone.

Chicago technology is no better if you go into the Loop. On ATT it’s impossible to access key data services and providers, apps that make your life more convenient. The poor cell service at the Chicago Board of Trade ($CME) is legendary among traders. When you are inside the building the limestone must screw with cell technology. Might as well be back in 1930.

This is troubling for tech companies looking to build and grow in Chicago. The infrastructure here is poor. At 1871, they remedied that by having the phone companies string extra bandwidth inside the Merchandise Mart.

Jeff Carter

Jeffrey Carter is an independent speculator. He has been trading since 1988. His blog site, Points and Figures was named by Minyanville as one of The 20 Most Influential Blogs in Financial Media.