This weekend a brouhaha erupted online after TechCrunch writer MG Siegler wrote a post entitled, "AT&T is a Big, Steaming Heap of Failure." Siegler chronicled how AT&T (T) failed for two weeks to deliver any voicemails left on his iPhone number to the handset's visual voicemail system.
In comments to the article, PaidContent.org founder Rafat Ali chimed in that a source had left a voicemail on his iPhone confirming what would have been a huge scoop -- that BusinessWeek magazine was up for sale. But the message got lost in AT&T's mobile network and Ali missed out on the scoop, a failure that probably cost his site thousands of dollars in lost advertising revenues. For his part, Siegler missed numerous work calls. The take home from this? AT&T is becoming a huge liability to Apple (AAPL). Buy Verizon (VZ) shares pronto as Apple will have to sell its iPhones elsewhere.