sd70mac666
join:2003-06-05
Saint Albans, VT | King Jaffi Joffer
that's if the PSB here in Vermont approves the sale.
Great. what does King Jaffi Joffer have to offer me after this crap. First bell Atlantic, then Verizon, now what? THis garbage? |
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tenpin784
I Went To The Dark Side?
join:2001-03-30
New Durham, NH
1 edit | saw this coming
so much for fios 
i knew this was gonna happen.
GG Verizon.
Maybe if they actually paid attention to people, they wouldnt be seeing this 'low growth potential'
bah |
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TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
 ·Comcast
|  Good deal for Verizon shareholders - goodbye to boat anchor
This is a good move by Verizon. It gets rid of low performing assets that will only grow less valuable over time. I wonder when the other telcos will start spinning off the boat anchor of local phone lines.
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My BLOG
My Web Page |
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sporkme
drop the crantini and move it, sister
Premium,MVM
join:2000-07-01
Morristown, NJ | I guess this means that VZ won't be the one buying up Qwest.  |
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TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast
| said by sporkme  :I guess this means that VZ won't be the one buying up Qwest. That is a pretty safe bet.
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My BLOG
My Web Page |
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tmc8080
join:2004-04-24
Floral Park, NY
| both?
Is this just the copper plant or the whole kit-n-kaboodle (ie rights to do business in these territories)?
Now we need to ready class action lawsuits if they carelessly dump this into the Wireless upgrades or try to buy Vodafone out, (Or to corporate parachute city for that matter!)instead of adding it to the FIOS deployment/upgrade budgets!!! |
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rit56
join:2000-12-01
New York, NY | how much stock?
60% ? well it's still Verizon. |
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ropeguru
Premium
join:2001-01-25
Bridgeport, WV
clubs:
 ·VOIPo
| reply to TKJunkMail
Re: Good deal for Verizon shareholders - goodbye to boat anchor
said by TKJunkMail :said by sporkme :I guess this means that VZ won't be the one buying up Qwest. That is a pretty safe bet. At least for the short term...
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FWD#: 223611 |
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ropeguru
Premium
join:2001-01-25
Bridgeport, WV
clubs:
·VOIPo
| reply to rit56
Re: how much stock?
said by rit56 :60% ? well it's still Verizon. Exactly.. They will now be the controlling entity....
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FWD#: 223611 |
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ninjatutle
Premium
join:2006-01-02
San Ramon, CA
·Sprint Mobile Broa..
| Game
Life is one big game. |
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daslog
join:2002-04-10
Milford, NH | hmmm
It's not really clear to me what they are selling to Farpoint.
Does this mean Verizon DSL becomes Farpoint DSL for us folks in New Hampshire?
What about FIIOS in NH? they get switched as well? |
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biznatch11
join:2004-11-21
London, ON | reply to rit56
Re: how much stock?
I'm also confused by this. If they'll own 60% then aren't they actually buying rather then selling? |
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viperpa33s
Why Me?
Premium
join:2002-12-20
Bradenton, FL | reply to daslog
Re: hmmm
I don't get it either, Verizon wants to get out of those states but will have a 60% stake in the company they are selling the lines to. Usually a 60% stake is a controlling stake, so is Verizon getting out or are they? |
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daslog
join:2002-04-10
Milford, NH | reply to daslog
upon further review, I see it say it includes "broadband subscribers" I guess this is as good a time as any to switch to comcast. |
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daslog
join:2002-04-10
Milford, NH | reply to biznatch11
Re: how much stock?
Verizon shareholders get Fairpoint stock not Verizon itself. So if you own 20 shares of Verizon, you will be issued Fairpoint stock as part of the spinoff. |
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LD 50
join:2000-08-28
Milford, NH
clubs: | reply to biznatch11
VZ will not own the shares, VZ shareholders are getting the shares. |
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vpoko
Premium
join:2003-07-03
Jamaica Plain, MA
1 edit | reply to viperpa33s
Re: hmmm
Verizon doesn't keep a 60% stake, Verizon shareholders do. |
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dsless
join:2001-05-16
Pittsburgh, PA | Well West Virgina well be next
Verizon has invested very little over the past few years in WV. No Wireless and very little dsl service. I wonder who would want WV anyhow. More low margin unprofitable assets.  |
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hawk82
join:2001-04-26
Oakland, ME
 ·Verizon Online DSL
·RoadRunner Cable
| Better of the two evils....
I dunno which is better for Maine: Fairpoint or Verizon. I have had bad experiences with both companies and heard about bad experiences about both companies from customers, friends, and family.
That aside, my Verizon dsl has been pretty good since I got it hooked up. Verizon the telco doesn't seem to be on the ball.
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Computer & Network Consultant
Yes, I use pico... laugh all you want.... |
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roamer1
sticking it out at you
join:2001-03-24
Atlanta, GA
clubs:
| reply to dsless
Re: Well West Virgina well be next
said by dsless :Verizon has invested very little over the past few years in WV. No Wireless Verizon Wireless is buying West Virginia Wireless in order to fix that...
and very little dsl service. I wonder who would want WV anyhow. More low margin unprofitable assets.
I'm surprised VZ hasn't sold off other areas, namely western NC.
-SC
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said to me: "it seems like all you ever buy is Abercrombie and cell phones"  |
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