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Comments on news posted 2012-09-17 10:44:29: Speaking at an investor conference last week, Verizon stated that customers can expect yet more price hikes for their popular fiber to the home FiOS services. ..

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MovieLover76

join:2009-09-11
kudos:1

Short Sighted Investors

It's so obvious that Verizon is trying to kill fios, which is sad as it's really a superior product, but short sighted investors see wireless revenue as higher yield so they focus on that, What verizon doesn't understand is if they keep raising prices on fios and wireless, customers are going to hit a point where they leave both services, then what will those short sighted money hungry investors have.

The current short sighted investor class is one of the major forces which is destroying this countries ability to innovate.
tmc8080

join:2004-04-24
Brooklyn, NY
Reviews:
·ooma
·Optimum Online
·Verizon FiOS

Re: Short Sighted Investors

There's something called OBCENE profit margins.. and this began with the OIL and Banking industries in recent memory.. before that it was the railroads.. judging by the rate hikes proposed in NYC it will be the railroads all over again.. go figure (full circle)
tanzam75

join:2012-07-19

Re: Short Sighted Investors

said by tmc8080:

There's something called OBCENE profit margins.. and this began with the OIL and Banking industries in recent memory.. before that it was the railroads.. judging by the rate hikes proposed in NYC it will be the railroads all over again.. go figure (full circle)

Verizon's net profit margin in 2011 was 2.2%.

The New York commuter railroads are subsidized to the tune of roughly 50% of cost, i.e., they have a profit margin of roughly -100%.

If you think that's obscene, then I'm not sure what isn't.