 Old_GrouchDon't just sit there silly DO somethingPremium
join:2004-05-26
Greenwood, IN
kudos:1 | reply to JTRockville
Re: 500 Miles Actually, the money they spent winds-up being expense dollars against this year's earnings and something they can hit one time in the next annual report right below the accomplishments section where they talk about pulling wool over the eyes of legislators; escaping state regulatory rules for POTS and keeping the internet/IP traffic on the interstate side of the ledger so the states can't twiddle with it.
The creative task is getting it paid for by the rate base rather than the shareholders.
As someone else says...$19M to escape the cost of negotiating franchise agreements in every community is like getting it for darn near free.
Updating outside plant is often a capital project that has to be depreciated and earned against for a number of years in the future.
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~Team Discovery~ It's what to do with your PC when you aren't doing anything with your PC. |
