Sure, but replace "telephones" with "roads" or "healthcare" or "proprietary services for my hip Apple products", and we'd be chugging this crap down like egg nog.
Yeah, well, get back to me when some of Verizon's employees start winning Nobel prizes for their fundamental contributions to solid state physics. Or anything else for that matter. Free market capitalism is excellent at giving us what we want, but just piss poor at giving us what we need.
The funny thing is that it was uploaded by AT&T's "tech channel" on YouTube, and it's been making the rounds of the blogosphere the past couple of days to loads of justified ridicule and reminders that AT&T is still a pretty evil company.
I'm sure it was not only made private to curtail further embarrassment, but whoever uploaded it is probably being put on sever-dusting duty, if they still have a job at all.