Hacker News Reader

The target for the communication is investors. I read it to say "Price in the costs for a garden variety data breach, but not a CPRA-specific class action."

Bingo. The average T-Mobile user doesn't really understand what a breach is, and the handful of network engineer / tech nerds here on HN getting angry about it is superfluous to their bottom line. They're talking to investors, and maybe ISP Peers.

Because we let them get away with it.

Its all about the money. Can you name a single company that is proofable totally honest when it comes to describing its own failings?

Definitely not an endorsement since I’m not an expert on the company, but I recall Cloudflare giving incredibly honest and transparent write-ups when they’ve had service issues in the past.